[Chart courtesy of MarketWatch.com] Moving the markets An early rally fizzled out mid-day with the major indexes suddenly tanking and closing modestly in the red. Today’s session had the feel of a typical summer day with volume disappearing causing the S&P sectors to trade lower and directionless. However, the object in focus that may impact markets tomorrow is the annual …
Treading Water As The 4-Day Win Streak Ends
[Chart courtesy of MarketWatch.com] Moving the markets The major indexes hugged the unchanged line for most of the day but were not able to remain above it at closing. The exception was the Nasdaq, which managed to notch another positive session. The Dow’s and S&P’s pullbacks were modest and influenced by the Fed’s decision to maintain its hawkish stance. The …
Gathering Steam
[Chart courtesy of MarketWatch.com] Moving the markets The rally gathered steam and continued for the fourth straight day despite some weakness setting in towards the end of the session. I guess it was a case of the nerves not only due the S&P 500 notching an intra-day record but also gaining on the day when stocks tied the record for …
3rd Up Day In A Row
[Chart courtesy of MarketWatch.com] Moving the markets Sentiment was predominantly bullish with the major indexes scoring another winning session supported by a couple of billion-dollar mergers. At the same time, optimism reigned supreme that a solution will be found to bring the trade-tug-of-war between the US and China to a mutually acceptable conclusion. As the WSJ reported Friday, negotiators are …
ETFs On The Cutline – Updated Through 08/17/2018
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 ETFs, defined as those with an average daily volume of more than $5 million, …
ETF Tracker Newsletter For August 17, 2018
ETF Tracker StatSheet https://theetfbully.com/2018/08/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-08-16-2018/ TRADE TALK OPTIMISM CONTINUES [Chart courtesy of MarketWatch.com] Moving the markets While we were off to a slow start, market direction changed in a hurry on continued optimism over the upcoming trade talks with China pushing the major indexes in the green for the second straight day. The Nasdaq lagged while the Dow closed at its …