[Chart courtesy of MarketWatch.com] Moving the markets An early upswing ran into a brick wall, as the Fed minutes created uncertainty across the board. The Fed’s shying away from Yield Curve Control (YCC), where they allow interest rates to vacillate within a predetermined range, raises the risk of a potential hike in bond yields, which is not a positive for …
Breakout: S&P 500 And Nasdaq Score Record Highs
[Chart courtesy of MarketWatch.com] Moving the markets We saw a sloppy start to the session, during which the S&P 500 bounced, dropped into the red but recovered and slowly but surely climbed out of that early hole. Despite several attempts during the recent past, today was the day the index managed to set a new all-time high. Not to be …
Gold Pops—US Dollar Drops
[Chart courtesy of MarketWatch.com] Moving the markets I could not help but laugh out loud last Friday afternoon when one of the greatest gold haters, namely Warren Buffett, disclosed in his Berkshire Hathaway’s latest 13F filing that he liquidated huge amounts of US Bank stocks, and replaced them as follows: Berkshire took a new stake (20.9 million shares) in Barrick …
ETFs On The Cutline – Updated Through 08/14/2020
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 312 High Volume ETFs, defined as those with an average daily volume of more than $5 million, of …
ETF Tracker Newsletter For August 14, 2020
ETF Tracker StatSheet You can view the latest version here. WAVERING INTO THE WEEKEND [Chart courtesy of MarketWatch.com] Moving the markets Bobbing and weaving best describes today’s market action with the major indexes clinging to their respective unchanged lines. Bulls were not in a buying mood with news about economic data lacking spunk, as did the stalled negotiations about …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 08/13/2020
ETF Data updated through Thursday, August 13, 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 …