[Chart courtesy of MarketWatch.com] Moving the markets Sentiment was predominantly bullish with the major indexes scoring another winning session supported by a couple of billion-dollar mergers. At the same time, optimism reigned supreme that a solution will be found to bring the trade-tug-of-war between the US and China to a mutually acceptable conclusion. As the WSJ reported Friday, negotiators are …
ETFs On The Cutline – Updated Through 08/17/2018
Below, please find the latest High-Volume ETF 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 $5 million, …
ETF Tracker Newsletter For August 17, 2018
ETF Tracker StatSheet https://theetfbully.com/2018/08/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-08-16-2018/ TRADE TALK OPTIMISM CONTINUES [Chart courtesy of MarketWatch.com] Moving the markets While we were off to a slow start, market direction changed in a hurry on continued optimism over the upcoming trade talks with China pushing the major indexes in the green for the second straight day. The Nasdaq lagged while the Dow closed at its …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 08/16/2018
ETF Data updated through Thursday, August 16, 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 …
Hope Of Trade Talk Resumptions Powers Markets
[Chart courtesy of MarketWatch.com] Moving the markets It didn’t take much to get the markets going after yesterday’s drubbing and the see-saw action we’ve seen over the past week. Strong earnings from Walmart and Cisco set the tone early on, and reports of a resumption of US/China trade talks next week provided the ammo to push the major indexes up …
Turkey Turmoil Returns; A-Dead-Cat Bounce Dies
[Chart courtesy of MarketWatch.com] Moving the markets I felt that yesterday’s rebound had the smell of a dead-cat-bounce and, based on today’s carnage, that seems to have been accurate—at least for the time being. Despite assurances to the opposite, the “C” word, as in contagion, was suddenly on investors’ minds, as concerns about Turkey’s currency crisis and US/China trade tensions …