[Chart courtesy of MarketWatch.com] Moving the markets I am on the road today and tomorrow, so the market reports may be delayed… The technology sector (QQQ) continued unraveling by not only logging a third straight session in the red but also closing at its lowest level in more than 3 weeks. It’ll be interesting to see if the 4-month long …
ETFs On The Cutline – Updated Through 07/27/2018
Below, please find the latest High Volume ETFs 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 …
ETF Tracker Newsletter For July 27, 2018
ETF Tracker StatSheet https://theetfbully.com/2018/07/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-07-26-2018/ AN UGLY ENDING [Chart courtesy of MarketWatch.com] Moving the markets Despite Amazon showing some glow in its earnings report, it was not enough to bail out the weaklings, namely Netflix, Twitter and Facebook, which combined to pull the tech sector off its lofty level. Other bellwethers that disappointed were Exxon and Intel causing the major indexes …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 07/26/2018
ETF Data updated through Thursday, July 26, 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 …
Diverging Markets
[Chart courtesy of MarketWatch.com] Moving the markets As I pointed out yesterday, Facebook’s (FB) horrific earnings report and news of further revenue deceleration for the second half of this year did spread to the Nasdaq, which stumbled and surrendered most of yesterday’s gains. Not only did FB end up losing $123 billion of its market cap, insider trading rumors are …
Easing EU Trade Tensions Propel Equities; International “Buy” generated
[Chart courtesy of MarketWatch.com] Moving the markets Trade tensions were on the front burner again, but this time not with China but with the EU, as President Trump and EU President Juncker met and hailed a new phase in trade relations. The White House meeting ended with the following positive joint statement: “We agree today, first of all, to work …