[Chart courtesy of MarketWatch.com] Moving the markets Despite early weakness, the Dow managed a nice turnaround by coming back from a 240 point deficit to a 200-point gain. Boeing was the company that kept the Dow in check, after it fell some -6.5% caused by the second deadly airline crash in six months involving the 737 Max 8 planes. The …
ETFs On The Cutline – Updated Through 03/08/2019
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 8, 2019
ETF Tracker StatSheet https://theetfbully.com/2019/03/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-03-07-2019/ ABYSMAL JOBS REPORT SENDS EQUITIES LOWER [Chart courtesy of MarketWatch.com] Moving the markets Today, it was a dismal jobs number that put equity markets on the defensive, as an ‘ugly’ payroll report showed that only 20k jobs were generated during February. It was filed in the “just bad enough” category that even computer algos did not …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 03/07/2019
ETF Data updated through Thursday, March 7, 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 …
Global Growth Fears Smack Equities
[Chart courtesy of MarketWatch.com] Moving the markets Right after the opening bell, equities hit the skids with the Dow dropping some 300 points before finding some footing. Causing this upheaval was the European Central Bank’s (ECB) Draghi, who unveiled a massive monetary easing program and an extended NIRP (Negative Interest Rates) period. While that should have been a positive for …
Trade Optimism Slips—Equities Follow Suit
[Chart courtesy of MarketWatch.com] Moving the markets The major indexes were unable to touch the plus side of the unchanged line, as the historic Christmas rebound struggled for the second day with the S&P 500 not being able to decisively cross above its apparent glass ceiling, namely the 2,800 level. Global markets slipped as well with investors waiting for new …