[Chart courtesy of MarketWatch.com] Moving the markets The markets took another jump higher powered by some mega mergers and the good old stand-by, namely the trade talks. All last week’s concerns vanished over the weekend on China’s decision to issue guidelines and raise penalties for intellectual property theft. This was immediately interpreted as a step in the right direction boosting …
ETFs On The Cutline – Updated Through 11/22/2019
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 November 22, 2019
ETF Tracker StatSheet You can view the latest version here. CLOSING A MEDIOCRE WEEK ON AN UPSWING [Chart courtesy of MarketWatch.com] Moving the markets At least for the S&P 500 and Nasdaq, today’s session was another one of the see-saw variety, while the Dow managed to hover on the plus side the entire day. An early pop followed by …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 11/21/2019
ETF Data updated through Thursday, November 21, 2019 Methodology/Use of this StatSheet: 1. 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. 2. Trend Tracking Indexes (TTIs) Buy or Sell decisions for Domestic and International …
Trade Headline Volleys Soften Markets
[Chart courtesy of MarketWatch.com] Moving the markets Softness in the markets prevailed for the third day, as a bunch trade news volleys made their way back and forth and kept the major indexes in limbo. An early drop shifted into rebound mode, an occurrence we’ve seen regularly in the recent past, but it fell short of conquering the unchanged lines. …
Phase One Trade Talks: All Hat And No Cattle
[Chart courtesy of MarketWatch.com] Moving the markets The markets started the session by meandering slightly below their respective unchanged lines when a sudden dive took the starch out of any existing support. As I posted yesterday, a new headline about how close the latest trade deal might be was sure to be on deck. Well, we got trade headlines, but …