[Chart courtesy of MarketWatch.com] Moving the markets After the relentless buying of the past few weeks, a pause was in order, as I posted last Friday, and that’s what we got today. The markets opened to the downside and never recovered, despite an attempt during the last few trading minutes to minimize the day’s losses. Last week’s hype about a …
ETFs On The Cutline – Updated Through 01/18/2019
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 January 18, 2019
ETF Tracker StatSheet https://theetfbully.com/2019/01/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-01-17-2019/ COMPUTER ALGOS SHIFT INTO OVERDRIVE [Chart courtesy of MarketWatch.com] Moving the markets Yesterday’s trade rumor caused the algos to shift into overdrive today after Bloomberg reported that Chinese officials were open to eliminating an imbalance with the U.S., which has been a major hurdle to trade negotiations since last year. The follow up story was that …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 01/17/2019
ETF Data updated through Thursday, January 17, 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 …
Following The Rumor
[Chart courtesy of MarketWatch.com] Moving the markets If markets appear stuck and non-directional, simply start a bullish rumor to get things moving again. Such was the case today when the major indexes, after hovering tightly around their unchanged lines for most of the session (weak bank earnings), took off and headed higher. The support came from a report alleging that …
Getting to Know The Real Market Catalyst
[Chart courtesy of MarketWatch.com] Moving the markets The Dow was leading today’s modest advance after having been the laggard yesterday. Some positive earnings from financial powerhouses Goldman Sachs and BofA gave the assist, while uncertainty over the partial government shut down was on traders’ minds but did not affect market direction. You may be wondering what the real catalyst was …