[Chart courtesy of MarketWatch.com] Moving the markets The major indexes, except for the Nasdaq, were able to keep the bullish theme alive with the S&P 500 vacillating around its unchanged line before making a final spurt above it to close in the green. The Dow never dipped into the red and was engaged in a steady uptrend, while the Nasdaq …
The Wednesday Shrug: Dismal Data Don’t Matter
[Chart courtesy of MarketWatch.com] Moving the markets The U.S.-China trade deal carrot, which has been dangled over the markets on many occasions in order to elicit a bullish response, moved to center stage again, as reports surfaced that a deal was 90% done. Of course, as we’ve seen in the past, there were no definitive announcements, but merely hope that …
Taking A Breather
[Chart courtesy of MarketWatch.com] Moving the markets After rallying the past four trading days, it was time to take a breather with the major indexes traveling aimlessly around their respective trend lines. The S&P 500 closed unchanged, the Dow dropped -0.30%, while the Nasdaq managed to squeeze out +0.25%. Bonds were on the mend with the 10-year yield dropping backing …
Starting The 2nd Quarter With A Bang
[Chart courtesy of MarketWatch.com] Moving the markets After closing out March on a positive note, April started with a bang, as the major indexes sported gains above 1%. The only fly in the ointment was a sharp spike in interest rates with the 10-bond shooting up almost 11 basis points to close at 2.5%, which kept the conservative ETFs in …
ETFs On The Cutline – Updated Through 03/29/2019
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 29, 2019
ETF Tracker StatSheet https://theetfbully.com/2019/03/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-03-28-2019/ ENDING THE QUARTER ON A POSITIVE NOTE [Chart courtesy of MarketWatch.com] Moving the markets Continued optimism about more progress with the U.S.-China trade talks moved to front and center thereby pushing concerns over slowing global economies to the sidelines, at least for the time being. Supporting the early rally was the market debut of Uber competitor …