[Chart courtesy of MarketWatch.com] Moving the markets The Italian bond panic subsided somewhat as their 2-year yield dropped sharply from yesterday’s 5-year high of 2.84% to as low as 1.925%, which reassured wobbly markets that life still goes on as it helped a rebound in equities. Here in the U.S. the old “bad news is good news” scenario emerged with …
Financial Chaos In Italy = Dumping Equity Markets
[Chart courtesy of MarketWatch.com] Moving the markets Italy’s political turmoil, along with its banking crisis, which I alluded to last Friday, continued over the weekend and into today pushing worldwide markets to the downside. The major indexes took a hit as well but recovered slightly late in the session, which some observers thought to be an appearance by the Plunge …
ETFs On The Cutline – Updated Through 05/25/2018
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 May 25, 2018
ETF Tracker StatSheet https://theetfbully.com/2018/05/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-05-24-2018/ CRUDE OIL TUMBLES AND MAJOR INDEXES SLIP [Chart courtesy of MarketWatch.com] Moving the markets Crude oil took a dive today (-4.5%) as reports that OPEC, along with other major players in this arena, may increase production by as much as $1 million barrels a day. The energy sector followed suit with XLE dropping -2.6% for the …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 05/24/2018
ETF Data updated through Thursday, May 24, 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 …
Equities Dive And Thrive
[Chart courtesy of MarketWatch.com] Moving the markets The Major Indexes took a steep dive right after the opening bell caused by geopolitical concerns, as President Trump canceled the widely anticipated summit with N. Korea’s Kim Jong Un. The reason given was alleged “open hostility” from the country. Not helping matters was weakness in the energy sector (-1.7%) and in financials …