[Chart courtesy of MarketWatch.com] Moving the markets With most of the mid-term election results being on deck later tonight, it came as no surprise that the markets meandered, but with a bullish bias, as all 3 major indexes closed in the green with last minute buying helping the bullish cause, although on ultra-low volume (60% below average). Polls and forecasts …
Heading Higher Despite A Slumping Nasdaq
[Chart courtesy of MarketWatch.com] Moving the markets In view of tomorrow’s mid-term elections, the markets meandered with a slight upward bias in hopes that Tuesday’s outcome will not shift the balance of power, which could be key in terms of future market direction. Two of the three major indexes gained moderately on news that a Rasmussen poll showed hopeful signs …
ETFs On The Cutline – Updated Through 11/02/2018
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 2, 2018
ETF Tracker StatSheet https://theetfbully.com/2018/11/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-11-01-2018/ Trump Saves The Day For The Bulls [Chart courtesy of MarketWatch.com] Moving the markets Sometimes you just have to laugh. The markets were in a downswing for most of the day mainly as a result of two events. First, Apple’s earnings report card, while not bad, disappointed with especially their forward guidance not being very encouraging …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 11/01/2018
ETF Data updated through Thursday, November 1, 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 …
Bouncing into November
[Chart courtesy of MarketWatch.com] Moving the markets Continued hope for a trade resolution with China provided the assist the markets needed to score another winning session, it’s first 3-day win streak in six weeks. Also hope that Apples’ afterhours earnings report would be a blow-out event contributed to the upward thrust. The overall positive tone from the US and China …