[Chart courtesy of MarketWatch.com] Moving the markets With the earnings season fading away, the US-China trade disagreement moved to center stage again, with positive statements stoking the markets and continuing the relentless push higher. This happened again in the face of sharply rising bond yields with the 10-year jumping an amazing 10.57 basis points to end the day at 1.92%. …
No Market Commentary
I will be out of the office for most of the day and evening and will not have a chance to write today’s market commentary. Regular posting will resume tomorrow. Ulli…
Treading Water
[Chart courtesy of MarketWatch.com] Moving the markets Ever since we had 2 down days at the beginning of October, equities have been on a relentless march higher (green arrow in chart) with virtually no interruption. Despite the Fed’s efforts to lower interest rates, this rally happened in the face of rising bond yields, an event that usually takes the starch …
Building On Friday’s Gains
[Chart courtesy of MarketWatch.com] Moving the markets There wasn’t really a driving force behind today’s continued rally, as the futures markets started the bullish theme via the same old playbook. The trade carrot was dangled again and came into play on a news headline that “a White House officials tells Politico a deal with China is almost there…” That was …
ETFs On The Cutline – Updated Through 11/01/2019
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 1, 2019
ETF Tracker StatSheet You can view the latest version here. Markets Melt Up Due To Better Than Expected Jobs Report [Chart courtesy of MarketWatch.com] Moving the markets The jobs report proved to be the dominating market force today, as October lost its luster as a bull market killer. The US economy added 128k jobs, which was far better than …