[Chart courtesy of MarketWatch.com] Moving the markets Even a Holiday shortened session wasn’t enough to give the bullish crowd some hope, as the major indexes plunged again with the S&P 500 finally dropping into bear market territory, a level defined as a 20% drop from recent highs. Starting this mess was Treasury Secretary Mnuchin who, while on vacation, decided to …
ETFs On The Cutline – Updated Through 12/21/2018
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 322 High Volume ETFs, defined as those with an average daily volume of more than $5 million, of …
ETF Tracker Newsletter For December 21, 2018
ETF Tracker StatSheet https://theetfbully.com/2018/12/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-12-20-2018/ MARKETS END A MISERABLE WEEK IN A SEA OF RED [Chart courtesy of MarketWatch.com] Moving the markets Here we go again. An early bounce ran into resistance, as bears upheld their dominance and sent the major indexes into a tailspin with the Dow registering another 400-point loss leaving some traders stunned and speechless. That’s no surprise …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 12/20/2018
ETF Data updated through Thursday, December 20, 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 …
Ferocious Bears In Charge: Markets Get Mauled
[Chart courtesy of MarketWatch.com] Moving the markets There was simply no hope at all for the bulls today, as we headed south right after the opening bell. Not helping the anxiety among traders were news that Trump was reluctant to sign a bill that would extend funding for the government to avoid a partial shutdown. That remark took the major …
Fed Hikes And Bulls Strike, As Markets Tank—Again
[Chart courtesy of MarketWatch.com] Moving the markets The Fed did not cave to recent public pressure exerted by politicians and Wall Street traders but stayed the course and hiked rates ¼%, while also predicting another possible two increases next year down from the previously announced three. While two is better than three, at least in the minds of traders, this …