[Chart courtesy of MarketWatch.com] Moving the markets What a difference a day makes! As much as yesterday’s trade-war fears were the culprit contributing to the early market dump, today’s easing of those fears helped spark an early rally that continued the rebound and led to the Dow’s first 3-day win streak in a month. While the early rally ran out …
Massive Sell-Off Turns Into Solid Gains
[Chart courtesy of MarketWatch.com] Moving the markets The chart above showing today’s rebound simply does not do justice to what actually happened. Right after the opening bell, the Dow plunged some 600 points only to begin a slow comeback and, along with the other major indexes, managed not only to recoup all early losses but turn the session into solid …
Tech Wreck Reverses
[Chart courtesy of MarketWatch.com] Moving the markets We started the session on a positive note, after yesterday’s drubbing, with the major indexes hovering above and slightly below their respective unchanged lines, as the beaten down tech sector showed signs of life. That caused me to hold off with my planned liquidation of one of our holdings, as we moved away …
Friday’s Melt-Up Evaporates As The Dead Cat Bounce Dies
[Chart courtesy of MarketWatch.com] Moving the markets Friday’s month ending bounce-back is now in the rear view mirror as the floodgates opened this morning, and the major indexes headed straight south just about uninterruptedly until they found a support point this afternoon, which softened the damage for the day. Nevertheless, chart damage was done with the S&P dropping below it’s …
ETFs On The Cutline – Updated Through 03/29/2018
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 …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 03/29/2018
ETF Data updated through Thursday, March 29, 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 …