[Chart courtesy of MarketWatch.com] Moving the markets Worldwide markets rode a wild roller-coaster this morning with global systemically important banking stocks crashing hard bringing back distant memories of what we saw in 2008. It appears that banks don’t have “fortress like balance sheets,” which increases the odds of more fallout to come. Global stock markets retreated in sync with the …
Wrestling For Domination
[Chart courtesy of MarketWatch.com] Moving the markets We saw another see-saw ride on Wall Street with bulls and bears engaging in a continuous battle for domination. There were no clear winners and some of the intra-day rally attempts fell short of pushing the major indexes above their respective unchanged lines. The exception was the Nasdaq, which managed to eke out …
ETFs On The Cutline – Updated Through 10/19/2018
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 19, 2018
ETF Tracker StatSheet https://theetfbully.com/2018/10/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-10-18-2018/ BULL-BEAR STRUGGLE [Chart courtesy of MarketWatch.com] Moving the markets Bulls and bears were engaged in a tug-of-war during the entire session with the bulls showing strength early on but fading mid-day and briefly dropping into red numbers, as the bears gained the upper hand. In the end, the major indexes closed mixed and off the day’s …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 10/18/2018
ETF Data updated through Thursday, October 18, 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 …
Resuming The Bearish Trend
[Chart courtesy of MarketWatch.com] Moving the markets There was no rebound in sight anywhere, as the major indexes opened below their respective unchanged lines, headed south and bounced around the day’s lows without ever threatening the downward momentum. The S&P 500 has now lost 9 out of the past 11 trading days and closed today right at its 200-day M/A. …