ETF Tracker StatSheet https://theetfbully.com/2018/05/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-05-03-2018/ FRIDAY SAVES THE WEEK [Chart courtesy of MarketWatch.com] Moving the markets After slipping and sliding all week, the bulls finally regained some strength and pulled the major indexes out of the doldrums with the S&P 500 almost getting back to last Friday’s close. The big mover was Apple, which was responsible for some 50 points of …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 05/03/2018
ETF Data updated through Thursday, May 3, 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 …
Trade Worries Dump And Then Pump The Major Indexes
[Chart courtesy of MarketWatch.com] Moving the markets Another wild day in the markets pulled the major indexes way below the unchanged line with the Dow sinking some 400 points and the S&P 500 dropping below its 200-day M/A. The cause of all this were the 2-day trade negotiations with China that had traders on edge when suddenly White House economist …
Confusion Reigns—Markets Drop
[Chart courtesy of MarketWatch.com] Moving the markets You would have expected the markets to show some signs of life with Apple posting better than expected earnings and revenue after the close yesterday. Or, that the Fed’s statement was interpreted as somewhat dovish despite saying that further rate hikes are “needed in the coming months.” If you thought that, you were …
Reversal Tuesday
[Chart courtesy of MarketWatch.com] Moving the markets In a reversal of what we have seen lately, the markets dug themselves a hole early on but managed to climb out of it during the afternoon with the Nasdaq and S&P 500 actually closing in the green. It was a quiet session with most of the world being on the sidelines due …
Ending The Month On A Sour Note
[Chart courtesy of MarketWatch.com] Moving the markets As has been the meme for the past few weeks, an early rally gave way mid-day to a broad sell-off despite positive earnings reports, which simply could not stem the downward momentum. Several last minute attempts to reverse the tide failed, and the major indexes dove into close scoring the lows for the …