ETF Tracker StatSheet https://theetfbully.com/2018/07/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-07-05-2018/ ENDING THE WEEK WITH SOLID GAINS [Chart courtesy of MarketWatch.com] Moving the markets Despite this being a Holiday shortened week, the major indexes managed to eke out some solid gains supported by a better than expected jobs report, as the economy created 213k new jobs in June. That was better than the hoped for 200k number. …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 07/05/2018
ETF Data updated through Thursday, July 5, 2018 Methodology/Use of this StatSheet: From the universe of over 1,800 ETFs, I have selected only those with a trading volume of over $5 million per day (HV ETFs), so that liquidity and a small bid/ask spread are assured. Trend Tracking Indexes (TTIs) Buy or Sell decisions for Domestic and International ETFs (section …
Markets Pump In The Face Of A Hawkish Fed
[Chart courtesy of MarketWatch.com] Moving the markets The major indexes whipsawed throughout the session, however, all action happened above the unchanged line with the tech sector having its best session in over a month. Helping the positive mood were reports indicating an easing of trade tensions with especially Germany’s car sector enjoying a nice rebound after one newspaper published an …
Going Backwards—AKA Pump And Dump
[Chart courtesy of MarketWatch.com] Moving the markets Yesterday’s late recovery rally continued this morning, but suddenly died, as momentum reversed, which sent the major indexes diving into the red. Weakness in tech and financials eclipsed positive moves in the telecom, energy and real estate sectors. Contributing to the tech sectors downward swing was Micron Technology, which appears to have been …
Escalating Trade Tensions—Markets Recover
[Chart courtesy of MarketWatch.com] Moving the markets It was weak start to the 3rd quarter with the major indexes diving right after the opening bell, with the old stand-by, namely escalating trade tension, being the culprit and weighing on sentiment. Despite this negative influence, a mid-day recovery, on the back of a rally in technology, turned things around and early …