[Chart courtesy of MarketWatch.com] Moving the markets After the 4-day winning streak, we saw a slight pullback in the major indexes, especially in the tech sector, with the Nasdaq giving back a modest -0.70%. However, the main action happened in the bond market. Following the recent rise in yields towards the psychologically important 3% level, for the 10-year bond, the …
Euphoria Rules Again
[Chart courtesy of MarketWatch.com] Moving the markets After an early morning pullback, the floodgates opened with buyers appearing in full force and pushing the major indexes higher with the Nasdaq closing at another record, while the Dow sported its best day in almost 2 months. Since there were no news to justify the run-up, the VIX was pushed down to …
No Market Report Today
Due to a variety of business commitments, I won’t be able to write today’s market report. Regular posting will resume tomorrow afternoon. Ulli…
Treasury Yields Rise—Stocks Follow Suit
[Chart courtesy of MarketWatch.com] Moving the markets Markets behaved today as if a world of worry had simply disappeared. Still on a positive high from Friday’s jobs reports, upward momentum led to another green session for the major indexes. The main driver was the tech sector, which posted its first record close since the middle of March. None of the …
ETFs On The Cutline – Updated Through 06/01/2018
Below please find the latest High Volume ETFs Cutline report, which shows how far above or below their respective long-term trend lines (39 week SMA) my currently tracked ETFs are positioned. This report covers the HV ETF Master List from Thursday’s StatSheet and includes 366 High Volume ETFs ETFs, defined as those with an average daily volume of more than …
ETF Tracker Newsletter For June 1, 2018
ETF Tracker StatSheet https://theetfbully.com/2018/05/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-05-31-2018/ STILL STUCK IN ‘NO MAN’S LAND’ [Chart courtesy of MarketWatch.com] Moving the markets The above weekly chart demonstrates the 4-day roller coaster ride we just went through. While this clearly points to the ever present uncertainties, as perceived by the markets, the S&P 500 and the Nasdaq managed to close a tad higher, but the Dow …