[Chart courtesy of MarketWatch.com] Moving the markets Despite continued trade talk optimism, the markets were not able to gain any footing and never managed to climb back above the unchanged line. Weak economic data points supported the bearish mood, but it was not enough of an early drop to keep me from executing our International ‘Buy’ signal by purchasing a …
Fed Minutes Keep Markets Wandering; International ‘Buy’ generated
[Chart courtesy of MarketWatch.com] Moving the markets The much-anticipated Fed minutes (from their January meeting) showed that officials were divided on future interest rate hikes. One side argued that an increase might only be needed if inflation would exceed their baseline forecast. The other side thought it would be appropriate to hike later this year, if the economy behaves as …
Trade Talk Hope Keeps The Bullish Theme Alive
[Chart courtesy of MarketWatch.com] Moving the markets After briefly meandering below the unchanged line, the major indexes found some upward momentum and ended up closing modestly higher—although on very low volume. A couple of assists helped to keep the bullish theme going. First, Cleveland Fed President Mester helped the markets higher by suggesting that the Fed should pause its balance …
ETFs On The Cutline – Updated Through 02/15/2019
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 February 15, 2019
ETF Tracker StatSheet https://theetfbully.com/2019/02/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-02-14-2019/ U.S.-CHINA TRADE EUPHORIA POWERS MARKETS [Chart courtesy of MarketWatch.com] Moving the markets Hope and euphoria, that progress between the U.S. and China trade negotiators will continue, combined forces to drive the major indexes further into lofty territory. Fundamentals don’t seem to matter, and the potentially soft GDP number, in part caused by a collapse in retail …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 02/14/2019
ETF Data updated through Thursday, February 14, 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 …