[Chart courtesy of MarketWatch.com] Moving the markets At least for today, we’re back to the theme of last year when, on many occasions, bad news was good news and kept the bullish dream alive. I was reminded of that this morning when, after last week’s terrible manufacturing index (ISM) numbers, it was the US Service Economy’s turn to plummet (December …
ETFs On The Cutline – Updated Through 01/04/2019
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 January 4, 2019
ETF Tracker StatSheet https://theetfbully.com/2019/01/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-01-03-2019/ MARKET CHAOS CONTINUES—THE PENDULUM SWINGS THE OTHER WAY [Chart courtesy of MarketWatch.com] Moving the markets After yesterday’s equity thrashing, the markets shifted into reverse, very similar as to what we witnessed prior to and after Christmas, with the pendulum now swinging in the bullish direction. All of yesterday’s issue were swept under the carpet as three …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 01/03/2019
ETF Data updated through Thursday, January 3, 2019 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 …
The ‘Everything’ Plunge
[Chart courtesy of MarketWatch.com] Moving the markets Apple Computers started today’s market fallout yesterday afternoon by announcing weaker than expected iPhone sales and shockingly reduced its revenue guidance. Part of the blame was put on China due to the “magnitude of their economic deceleration.” The punishment was instantaneous with Apple’s stock dropping some 8% in the after-hours session. With that …
A Turbulent Session To Start 2019
[Chart courtesy of MarketWatch.com] Moving the markets The opening dump to start the 1st trading day of 2019, with the Dow dropping almost 400 points, had investors on edge, until a slow climb pulled the major indexes out of the doldrums. Things looked shaky as market direction was predominantly sideways but, in the end, we closed in the green by …