[Chart courtesy of MarketWatch.com] Moving the markets Just as quickly as trade war headlines pulled the markets off their lofty highs yesterday, negative sentiment reversed with the bulls refueling their gas tank and pushing the major indexes higher right after the opening bell. It appears that global investors are favoring the US markets due to continued optimism about the outlook …
Markets Sink As Tech Gets Wrecked
[Chart courtesy of MarketWatch.com] Moving the markets The tariff dispute with China intensified pulling the major indexes off their recent highs, as the tech sector got hammered with the Nasdaq dropping -1.43%, its worst day since late July. The sudden re-appearance of the US/China trade battles rattled Wall Street, although the unveiling of the $200 billion in tariffs on Chinese …
ETFs On The Cutline – Updated Through 09/14/2018
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 September 14, 2018
TRADE WAR FEARS WIPE OUT EARLY GAINS [Chart courtesy of MarketWatch.com] Moving the markets An early rally ran into a brick wall, reversed with the major indexes heading south and below their respective unchanged lines. Causing this sudden change in sentiment was a report, released mid-day, indicating that Trump still intends to impose tariffs on China, despite recent words of …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 09/13/2018
ETF Data updated through Thursday, September 13, 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 …
Bulls Dominate For Fourth Straight Day
[Chart courtesy of MarketWatch.com] Moving the markets The bulls dominated again and pushed the major indexes higher with the S&P 500 scoring its fourth straight win. Yesterday’s laggard turned into today’s leader, as the tech sector picked up steam with the Nasdaq adding +0.75%, after spiking during the last few minutes of the session. Helping set the bullish tone were …