ETF Data updated through Thursday, September 3, 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 …
Dumping Into The Red
[Chart courtesy of MarketWatch.com] Moving the markets Yesterday’s “reckless advance,” as I titled it, hit the skids today with a long overdue correction instilling some reality in the markets that nothing can go up forever nor in a straight line. As a result, the major indexes plunged with the Nasdaq setting the dubious record of giving back the most, namely …
Recklessly Advancing
[Chart courtesy of MarketWatch.com] Moving the markets Yesterday’s positive 1st trading day in the historically volatile month of September continued full force with the major indexes surging, as the S&P 500 and Nasdaq set new records in the process. Traders took some profits out of highflyers like Apple and Tesla and rotated into more beaten-down shares in other parts of …
Kicking Off September With New Records
[Chart courtesy of MarketWatch.com] Moving the markets After yesterday’s modest pullback (Dow and S&P), all of the major indexes came screaming back with the Nasdaq and S&P 500 ending up in record high territory, while the Dow did not set any records but sported a solid gain of +0.76%. To no surprise, the Nasdaq took top billing with a studly …