[Chart courtesy of MarketWatch.com] Moving the markets Friday’s market weakness continued through today with the major indexes getting spanked and surrendering just about all last week’s gains, which makes Wednesday’s robust bounce suspicious in terms of resumption of the bullish trend. At least for right now, it appears to have been a giant head fake, just enough to generate a …
ETFs On The Cutline – Updated Through 11/09/2018
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, defined as those with an average daily volume of more than $5 million, of …
ETF Tracker Newsletter For November 9, 2018
ETF Tracker StatSheet https://theetfbully.com/2018/11/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-11-08-2018/ A Good Week Ends On A Sour Note [Chart courtesy of MarketWatch.com] Moving the markets It was another roller-coaster week, with the major indexes gaining, thanks to Wednesday’s super ramp, but some reality sat in the last couple of days and pulled the major indexes off their lofty levels. Today’s drop started when Trump’s main China …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 11/08/2018
ETF Data updated through Thursday, November 8, 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 …
Fed Keeps Rates Unchanged; Markets Mixed
[Chart courtesy of MarketWatch.com] Moving the markets There was not much follow through from yesterday’s massive rally, but there was not much of a sell-off either, meaning that our new domestic “Buy” took effect today. We got our feet wet with some conservative exposure to “broadly diversified domestic ETFs,” while acknowledging that at any time momentum could turn around and …
The Morning After: Political Gridlock Is Good For Equities; New Domestic “Buy” Signal Is Generated
[Chart courtesy of MarketWatch.com] Moving the markets Right out of the starting gates, bullish momentum ruled, and the major indexes staged an impressive come-back rally. With the results of the elections confirming a political gridlock, you may be wondering why that would be a good thing for stocks. The Daily Bell provided this answer: Republicans expanded their majority in the …