[Chart courtesy of MarketWatch.com] 1. Moving the markets Trump got the markets pumping this morning after tweeting that there will be an “extended meeting” with China’s Xi at the upcoming G-20 meeting in Japan. Bloomberg also added that the two leaders had confirmed a plan for meeting on the sidelines. That was enough hype for the headline-scanning computer algos to …
Stuck in Limbo
[Chart courtesy of MarketWatch.com] 1. Moving the markets An early rally ran out of steam, but the major indexes managed to eke out a small gain thanks to a positive spin on social media and entertainment stocks. Economic news was not awe inspiring, as the NY manufacturing survey crashed the most on record, from +17.8 to -8.6 in June, which …
ETFs On The Cutline – Updated Through 06/14/2019
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 14, 2019
ETF Tracker StatSheet You can view the latest version here. STUMBLING INTO THE WEEKEND [Chart courtesy of MarketWatch.com] 1. Moving the markets All week long, the markets lacked some serious upward momentum with any rally attempts being rebuffed and cut short. As a result, the major indexes vacillated around their unchanged lines and failed to make much headway but …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 06/13/2019
ETF Data updated through Thursday, June 13, 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 …
Equities Rebound Led By Energy
[Chart courtesy of MarketWatch.com] 1. Moving the markets Equities managed a small rebound, after 2 days of modest losses kept the major indexes in check. Oil prices spiked as two oil tankers were damaged in suspected attacks off the coast of Iran, increasing tensions between Teheran and Washington. Of course, by default, no matter if it makes sense or not, …