[Chart courtesy of MarketWatch.com] Moving the markets It was another trading day during which uncertainty ruled. The major indexes survived an early sell-off and bounced back only to be slammed back down below their respective unchanged lines. Give credit to the mid-day slam to a US-China trade problem, caused by reports that that a snag was hit over farm purchases. …
Shifting In Reverse; An Early Rally Peters Out
[Chart courtesy of MarketWatch.com] Moving the markets An early rally petered out, as the S&P 500 briefly surpassed another milestone, namely the 3,100 level, and then faded towards its unchanged line. The move was based on nothing but hope that Trump would later, during a scheduled speech, elaborate about the China trade deal. Focused on that target, and that good …
Stalling… But Not Running Out Of Steam
[Chart courtesy of MarketWatch.com] Moving the markets Not just US futures, but global markets as well, hit the skids early on, a sight which we have not seen in some 5 weeks, as the markets have been on a tear ever since dumping during the first 2 days of October. The two catalysts for the early thrashing was simply lack …
ETFs On The Cutline – Updated Through 11/08/2019
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 November 8, 2019
ETF Tracker StatSheet You can view the latest version here. SEARCHING FOR CLARITY [Chart courtesy of MarketWatch.com] Moving the markets The futures market took the early lead by heading south after Trump’s confirmation that he has not agreed to roll back tariffs with China, which was opposite of what economic advisor Larry Kudlow had stated. The early dump was …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 11/07/2019
ETF Data updated through Thursday, November 7, 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 …