[Chart courtesy of MarketWatch.com] Moving the markets The Fed did what was expected by cutting interest rates by 0.25% for the first time in 11 years. Of course, on Wall Street, expectations don’t mean much, unless you beat them. The Fed failed to do that, and the markets tanked with the Dow at one point being down some 400 points. …
Slumping On Weak Earnings
[Chart courtesy of MarketWatch.com] Moving the markets While the major indexes recovered form an early session dump, they pretty much repeated yesterday’s theme by slipping and sliding below the unchanged line without much directional conviction. A mixed earnings picture today, along with some negative tweets from Trump regarding a possible China deal, added to today’s uncertainty and kept equities in …
Ahead Of The Fed: Markets Limp Along
[Chart courtesy of MarketWatch.com] Moving the markets While the earnings season continues, traders were more concerned with what the Fed will decide regarding interest rates, when it concludes its two-day meeting on Wednesday. Will they deliver another hoped for sugar high for the economy and the markets, or will the outcome be a dud? A 0.25% reduction in rates has …
ETFs On The Cutline – Updated Through 07/26/2019
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 July 26, 2019
ETF Tracker StatSheet You can view the latest version here. GDP SLOWS BUT BEATS EXPECTATIONS [Chart courtesy of MarketWatch.com] Moving the markets All eyes were on the latest release of the second quarter GDP report, and it did not disappoint. While we saw a slowdown from the torrid pace of 3.1% per annum set in the first quarter, the …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 07/25/2019
ETF Data updated through Thursday, July 25, 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 …