[Chart courtesy of MarketWatch.com] Moving the markets Netflix was the major driver to get things started in the bullish direction and kept things alive throughout the session, despite earnings growth estimates having fallen recently to less than half the average growth for the first three quarters. However, that did not matter, what was most important was that Netflix’s price hike …
Global Growth Fears Keep Bullish Tendencies In Check
[Chart courtesy of MarketWatch.com] Moving the markets An early sharp drop gave way to a bounce throughout the session, but conviction was lacking in the face of ugly China trade data, and by association, more concerns again over a general global slowdown. Adding to the uncertainty was the beginning of earnings season, which many analysts view with some skepticism after …
ETFs On The Cutline – Updated Through 01/11/2019
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 11, 2019
ETF Tracker StatSheet https://theetfbully.com/2019/01/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-01-10-2019/ SNAPPING THE WIN STREAK BUT GAINING FOR THE WEEK [Chart courtesy of MarketWatch.com] Moving the markets Today was almost a repeat from yesterday’s session in that we started sharply to the downside, but bullish momentum appeared and pulled the major indexes up, but they fell a tad short of crossing above the unchanged line. For the …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 01/10/2019
ETF Data updated through Thursday, January 10, 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 …
A Wild Ride: Dump, Pump, Dump And Pump
[Chart courtesy of MarketWatch.com] Moving the markets It was another wild ride in the markets when, after an opening dump, dip-buyers (or was it the PPT?) stepped in and pushed the major indexes slowly but surely back above the unchanged line, when another dive pulled them back below it, before a second rebound shoved them into green for a fifth …