ETF Tracker StatSheet https://theetfbully.com/2019/03/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-03-21-2019/ WEEK ENDS WITH REALITY CHECK [Chart courtesy of MarketWatch.com] Moving the markets Reality made its way into the stock market with the major indexes plunging at first then staging a mid-day comeback only to dump again and close at the lows of the session. As I pointed out yesterday, the Fed’s extreme dovish stance, along with …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 03/21/2019
ETF Data updated through Thursday, March 21, 2019 Methodology/Use of this StatSheet: 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. Trend Tracking Indexes (TTIs) Buy or Sell decisions for Domestic and International ETFs (section …
The Morning After: Fed’s Softened Rate Outlook Propels Equities
[Chart courtesy of MarketWatch.com] Moving the markets The fallout from the Fed’s soft outlook on interest rates was, so far, overwhelmingly positive with the bulls grabbing the baton and storming deeper into bullish territory. While the idea that no rate hikes on the horizon for 2019 stoked equity investors, worries kept creeping up that this was just a function of …
Fed Outlook Temporarily Lifts Equities, But Gains Fade Into The Close
[Chart courtesy of MarketWatch.com] Moving the markets After an early dump, the markets stabilized mid-session, after the Fed softened its rate outlook and opined positively on the state of the economy. Some analysts likened the Fed’s statement to “folding like a cheap lawn chair,” as it dramatically slashed its stance on interest rates. It seems, at least for the time …
An Early Rally Stumbles
[Chart courtesy of MarketWatch.com] Moving the markets An early rally lost steam mid-day when reports (Bloomberg) surfaced that trade negotiations ran into a brick wall, as the Chinese pushed back to get more assurances on tariffs. That story was then rebuffed, as the WSJ offered a different version: Talks between the two nations are in the final stages, said individuals …
Edging Higher Ahead Of The Fed
[Chart courtesy of MarketWatch.com] Moving the markets Friday’s quad-witching hour turned into a positive for equities in general while today’s market action ahead of the Fed meeting on interest rates was inconsistent but upward trending. Most of the action happened at the opening, when a surge pushed stocks higher, which was followed by a lull throughout the session, before buyers …