[Chart courtesy of MarketWatch.com] Moving the markets Today was a repeat of what we’ve seen a lot of lately. An early rally reversed mid-day, headed south below the unchanged line, but a last-minute bullish push shoved the major indexes back into the green, but only by a tiny margin. The walls of worry remain a deterioration in global growth and …
Markets Get Hammered—More Fireworks Ahead?
[Chart courtesy of MarketWatch.com] Moving the markets The Dow dropped some 300 points right after the opening but managed to recover and return to the unchanged line, before a massive selling bout sent it back down some 500 points. All 3 major indexes lost in excess of 2%. Intra-day, the S&P 500 took out its February low for the year …
ETFs On The Cutline – Updated Through 12/14/2018
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 14, 2018
ETF Tracker StatSheet https://theetfbully.com/2018/12/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-12-13-2018/ MARKETS ON EDGE: MAJOR INDEXES GET CLOBBERED AGAIN [Chart courtesy of MarketWatch.com] Moving the markets As hard as I tried, there was simply no news item to be found anywhere to support the cause for the bulls. US PMI plunged and confirmed a near-record streak of disappointing global data, US Manufacturing disappointed and has stagnated for …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 12/13/2018
ETF Data updated through Thursday, December 13, 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 …
Zig-Zagging To Nowhere
[Chart courtesy of MarketWatch.com] Moving the markets And the same story continues. An early rally ran into overhead resistance with markets fading the remainder of the session with neither bulls nor bears winning the tug-of-war as the “sell the rip” theme lingered on. The major indexes closed mixed with only the Dow squeezing out a fractional gain, while the S&P …