[Chart courtesy of MarketWatch.com] Moving the markets An early rally ended up running out of steam and might have even produced a red close, but fortunately, we ran out of trading time. The initial boost came from Europe, as the European Central Bank (ECB) followed through on hopes that they’d dig into their toolbox and cut the deposit rate further …
S&P 500 Reclaims Its 3,000-Milestone Marker
[Chart courtesy of MarketWatch.com] Moving the markets After a slow start, upward momentum picked up, and after a brief dip late in the session, the major indexes surged into the close led by the Nasdaq. The S&P 500 managed to barely reclaim its 3k marker, which it had surrendered at the beginning of August, while the Dow notched its 6th …
Spiking Into The Close
[Chart courtesy of MarketWatch.com] Moving the markets Throughout the session, the major indexes hovered below their respective unchanged lines, as US-China trade news offered a mixed picture, while a look ahead to the upcoming central bank policy meetings kept traders on edge. Except for a last-minute spike in equities, interest rates kept a lid on advances with the 10-year bond …
No Market Commentary
Due to a variety of business commitments, I will not be able to write today’s market commentary. Regular posting will resume. tomorrow. Ulli…
ETFs On The Cutline – Updated Through 09/06/2019
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 September 6, 2019
ETF Tracker StatSheet You can view the latest version here. SHRUGGING OFF A POOR JOBS REPORT [Chart courtesy of MarketWatch.com] Moving the markets Today’s jobs report came in weaker than expected, as only 130k jobs were created in August vs. a hoped for 170k. Stocks shrugged off the poor number with traders and algos alike seeing the positive in …