[Chart courtesy of MarketWatch.com] Moving the markets A nice early morning bounce seemed to have a soothing effect on the bulls, with the Dow up almost 400 points. Unfortunately, that did not last, as a mid-day fade took the major indexes back to the unchanged line when, suddenly, downward momentum accelerated pushing the Dow momentarily to -500 points, before a …
ETFs On The Cutline – Updated Through 10/26/2018
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 October 26, 2018
ETF Tracker StatSheet https://theetfbully.com/2018/10/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-10-25-2018/ ANOTHER DUMP AND A FAILED PUMP TO END THE WEEK [Chart courtesy of MarketWatch.com] Moving the markets Volatility continued with the week ending on a sour note, as today’s early morning dump had the Dow down some 400 points, when suddenly a remarkable recovery out of nowhere turned the markets around reducing the Dow’s loss to …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 10/25/2018
ETF Data updated through Thursday, October 25, 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 …
Crawling Out Of A Deep Hole
[Chart courtesy of MarketWatch.com] Moving the markets Having been involved in the investment methodology of trend tracking for the past 30 years, I have seen my share of violent market swings in both directions. I was reminded of that when, after yesterday’s 600-point drubbing of the Dow, today’s rebound, or was it a dead-cat-bounce, recovered about 400 points. These kinds …
Chaos: Accelerating To The Downside And Diving Into The Close
[Chart courtesy of MarketWatch.com] Moving the markets By the chart above, you would not know that we had a positive opening thanks to Boeing’s encouraging earnings report which, at the end of this session, turned into a tiny unimportant speck in the rear-view mirror. After a mid-day bounce, bearish momentum gathered strength and south we went, at first slowly and …