ETF Tracker StatSheet You can view the latest version here. BOND YIELDS DROP, DOLLAR PUKES, GOLD SURGES [Chart courtesy of MarketWatch.com] Moving the markets The futures markets showed continued bullish momentum with the S&P 500 racing past a new milestone marker, namely its 3,500 level, above which it eventually closed thanks to the last hour ramp during the regular …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 08/27/2020
ETF Data updated through Thursday, August 27, 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 …
Bobbing And Weaving
[Chart courtesy of MarketWatch.com] Moving the markets All eyes were on the Fed’s two-year review of their policy framework with the focus being on their new idea of AIT (Average Inflation Target), which allows for periods when inflation could run hotter to make up for periods when it falls below the target with an averaged being 2% annually. Here are …
Nasdaq Scores A Chest-Pounding Gain
[Chart courtesy of MarketWatch.com] Moving the markets In a repeat from yesterday, the S&P 500 and Nasdaq surged to new highs with the latter sporting an impressive gain of +1.73% while the former trailed but logged in a solid +1.02%. The Dow fell short and lagged again, but gold put on an impressive performance as well. News of progress of …
Back In The Driver’s Seat—Tech Rules Again
[Chart courtesy of MarketWatch.com] Moving the markets The markets opened slightly higher as positive vibes for equities were generated in part due to a phone call between top US and Chinese officials appearing to reaffirm their commitment to the phase one trade deal agreed to in early 2020. It’s not certain at all if this was simply pretense, because of …
Leadership Change
[Chart courtesy of MarketWatch.com] Moving the markets At least for this session, we saw a change in leadership with the Dow racing ahead +1.35% leaving the S&P 500 trailing with only a +1% gain. Lagging the major indexes, despite an early solid jump, was the Nasdaq, which dropped into the red at one point but managed to eke out a …