[Chart courtesy of MarketWatch.com] Moving the markets For sure, the Turkish crisis has not been resolved, but it merely paused, as the emerging markets’ exchange rates rallied and had their best day in 3 weeks as this chart shows. ZH commented: Of course, all eyes were on the Lira as it rallied back up to unchanged from Friday’s close… After its …
Turmoil in Turkey Troubles Markets
[Chart courtesy of MarketWatch.com] Moving the markets Despite the US not having much direct financial exposure in Turley, its ongoing troubles did stop investors in their tracks. That simply means risk assets, such as equities, fell out of favor today, and the major indexes headed south wiping out some early gains and ending in the red. After all, no direct …
ETFs On The Cutline – Updated Through 08/10/2018
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 10, 2018
ETF Tracker StatSheet https://theetfbully.com/2018/08/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-08-09-2018/ TURKEY RATTLES THE EQUITY CAGE [Chart courtesy of MarketWatch.com] Moving the markets As I mentioned yesterday, “domestic equity markets have note priced in any long-term consequences of a prolonged trade war with China, reeling emerging markets and European banking problems.” This came true today at least regarding one emerging market, namely Turkey, which has been dealing …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 08/09/2018
ETF Data updated through Thursday, August 9, 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 …
See-Sawing Through The Session
[Chart courtesy of MarketWatch.com] Moving the markets In a repeat from yesterday, the Nasdaq managed to eke out another win, although only by the tiniest of margins, which was enough to log in its 8th straight gain, its best streak since October. The broader market see-sawed all day and ended up diving into the close registering small losses. Looking at …