[Chart courtesy of MarketWatch.com] Moving the markets The S&P 500 made another assault at the 2,800 marker and succeeded, at least for the time being. The last time, we saw this level being conquered was on March 1st, but bullish enthusiasm waned as negative news about a possible final China-Trade deal turned out to be nothing but hot air. Today, …
Divergence Alert: 10-Year Bond Yield Drops, While Nasdaq Pops
[Chart courtesy of MarketWatch.com] Moving the markets The Dow proved to be the laggard of the day again, as more fallout from Boeing’s recent aircraft crashes continued with many countries now having grounded the 737 Max jets. With Boeing (-6.22%) being a large component of the Dow, it’s no surprise that the index is suffering. In the meantime, the S&P …
A Steady Climb
[Chart courtesy of MarketWatch.com] Moving the markets Despite early weakness, the Dow managed a nice turnaround by coming back from a 240 point deficit to a 200-point gain. Boeing was the company that kept the Dow in check, after it fell some -6.5% caused by the second deadly airline crash in six months involving the 737 Max 8 planes. The …
ETFs On The Cutline – Updated Through 03/08/2019
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 March 8, 2019
ETF Tracker StatSheet https://theetfbully.com/2019/03/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-03-07-2019/ ABYSMAL JOBS REPORT SENDS EQUITIES LOWER [Chart courtesy of MarketWatch.com] Moving the markets Today, it was a dismal jobs number that put equity markets on the defensive, as an ‘ugly’ payroll report showed that only 20k jobs were generated during February. It was filed in the “just bad enough” category that even computer algos did not …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 03/07/2019
ETF Data updated through Thursday, March 7, 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 …