[Chart courtesy of MarketWatch.com] Moving the markets The bullish mood continued with the S&P and Nasdaq setting new records, while the Dow briefly crossed its 29k marker but backed off later in the session. Supporting the ramp higher was news that the U.S. no longer plans on designating China a currency manipulator, which is mainly a symbolic designation but was …
ETFs On The Cutline – Updated Through 01/10/2020
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 10, 2020
ETF Tracker StatSheet You can view the latest version here. ENDING A POSITIVE WEEK ON A DOWN NOTE [Chart courtesy of MarketWatch.com] Moving the markets Despite the Dow touching the 29k level intra-day for the first time, there simply was not enough upward momentum left to keep the major indexes in the green, and all three of them ended …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 01/09/2020
ETF Data updated through Thursday, January 9, 2020 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 …
And The Bullish Beat Goes On
[Chart courtesy of MarketWatch.com] Moving the markets After the opening bell, the major indexes continued their attack into record territory, as the attention moved from Iran to the latest in the U.S.-China trade agreement. It appeared that the tensions in the Middle East eased somewhat, as the war rhetoric seemed to have slowed down, or at least has been put …
Climbing A Wall Of Worry—And Setting New Records
[Chart courtesy of MarketWatch.com] Moving the markets Despite a sharp sell-off overnight in the futures market, which pulled the Dow down some 400 points, the negative mood had completely changed by the time regular session bell rang. We opened slightly higher with upward momentum gaining steam, after remarks by Trump suggested that the U.S. and the Iranian were refraining from …