[Chart courtesy of MarketWatch.com] Moving the markets The Dow’s 5-day win streak came to an end today, as all 3 major indexes hit the skids and meandered below their respective unchanged lines throughout the session. Trade war talk came to life suddenly and threatened bullish sentiment when Trump mentioned “tremendous retribution” not against China but this time against the European …
Keeping Upward Momentum Alive
[Chart courtesy of MarketWatch.com] Moving the markets The major indexes followed through from yesterday’s advance to close higher with the Dow logging its fifth positive session, while the Nasdaq lagged slightly and fell just short of crossing its unchanged line to the upside. The markets were still influenced by the Fed’s upbeat description of a domestic economy, which has expanded …
A Slow Start Followed By A Solid Finish
[Chart courtesy of MarketWatch.com] Moving the markets Fed chair Powell threw an assist to the markets by announcing that “the U.S. central bank wouldn’t move too quickly in changing monetary policy, and that it would be flexible in the face of changing conditions.” He also informed the Senate Banking Committee that the “best way forward is to keep ‘gradually’ raising …
Waiting For The Earning Season
[Chart courtesy of MarketWatch.com] Moving the markets The markets meandered aimlessly with the major indexes showing a mixed picture as the S&P 500 and Nasdaq pulled back while the Dow managed to stay above the unchanged line. Presidents Trump and Putin met as planned in Helsinki, but even a joint conference did not motivate buyers to pile into equities. In …
ETFs On The Cutline – Updated Through 07/13/2018
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 July 13, 2018
ETF Tracker StatSheet https://theetfbully.com/2018/07/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-07-12-2018/ BUILDING ON LAST WEEK’S ADVANCE [Chart courtesy of MarketWatch.com] Moving the markets At least for the time being, Wall Street traders managed to shake off the headwind known as ‘trade disagreements’ and push equities higher, not just this week, but also sporting gains the last six out of seven trading days. The exception was last Wednesday, …