[Chart courtesy of MarketWatch.com] Moving the markets The global rally fizzled out with only one of the major indexes making some headway, namely the Dow, as the S&P 500 slipped slightly into the red, while the Nasdaq sell-off continued, albeit at a lesser pace leaving the index down -1.37% for the day. Pfizer’s vaccine stock fest hit some reality today …
Vaccine Pump Fest Propels Markets
[Chart courtesy of MarketWatch.com] Moving the markets If you were looking for wild and whacky market behavior, look no further, you found it today. Not only were futures up across the board, including gold, and led by the technology sector, things reversed once the regular session opened. With the Dow being up some 1,500 points, and losing almost half of …
ETFs On The Cutline – Updated Through 11/06/2020
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 November 6, 2020
ETF Tracker StatSheet You can view the latest version here. ENDING A STRONG WEEK WITH A WHIMPER [Chart courtesy of MarketWatch.com] Moving the markets For sure, markets can’t go up in a straight line and momentum will slow down eventually. That was the case today when, after 4 days of solid gains, the major indexes ran out of steam …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 11/05/2020
ETF Data updated through Thursday, November 5, 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 …
Post-Election Rally Shifts Into High Gear
[Chart courtesy of MarketWatch.com] Moving the markets The “buy everything” mantra continued today extending the election week rally on beliefs that the current dilemma might result in a divided government, with the powers of the president/congress being offset by the opposing party controlling the senate. The bullish reaction to the results so far “may have been due to the fact …