[Chart courtesy of MarketWatch.com] 1. Moving the markets As was to be expected, the major indexes wandered aimlessly slightly above and below their respective unchanged lines with only the Dow being able to eke out a green close. With no news from the Fed expected, and the G-20 meeting on deck next weekend in Japan, we may seem some more …
ETFs On The Cutline – Updated Through 06/21/2019
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 June 21, 2019
ETF Tracker StatSheet You can view the latest version here. A SLOW FINISH ENDS A STRONG WEEK [Chart courtesy of MarketWatch.com] 1. Moving the markets Quadruple witching day occupied the traders on Wall Street, as the 3rd Friday of every quarter can produce added volatility due to the simultaneous expiration of single-stock options and futures and index options and …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 06/20/2019
ETF Data updated through Thursday, June 20, 2019 Methodology/Use of this StatSheet: 1. 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. 2. Trend Tracking Indexes (TTIs) Buy or Sell decisions for Domestic and International …
Rate Cut Expectations Soar—And So Does The Market
[Chart courtesy of MarketWatch.com] 1. Moving the markets After sleeping on the Fed’s statement on interest rates, Wall Street traders decided that the Fed left the door somewhat open to a rate cut. As a result, expectations soared from 80% to 100% that the Fed will “cut” in July. That was enough for the major indexes to gap higher at …
Markets Drift, Then Shift Modestly Higher
[Chart courtesy of MarketWatch.com] 1. Moving the markets One of the most eagerly watched events, namely the Fed’s verdict on interest rates, came and went without much of a market hiccup. A gentle early slide gave way to a modest bounce late in the session, with the major indexes notching another green close and moving within striking distance of taking …