[Chart courtesy of MarketWatch.com] Moving the markets An early rally got cut in half by the end of the session, when Fed Vice chairman Clarida opined that more support for the economy was needed, but he expects a rebound by next quarter, despite the current massive drop in unemployment and GDP. He noted: “More policy support will be needed from …
Trying To Find Some Footing
[Chart courtesy of MarketWatch.com] Moving the markets After a couple of down days in the equity markets, a bounce-back was in order, although the conditions were not favorable. Sunday’s news that Warren Buffett had sold all his airline stocks took a toll on the futures markets, which subsequently translated into a weak opening. The major indexes spent most of the …
ETFs On The Cutline – Updated Through 05/01/2020
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 May 1, 2020
ETF Tracker StatSheet You can view the latest version here. STARTING MAY ON A SOUR NOTE [Chart courtesy of MarketWatch.com] Moving the markets Some reality struck the markets today, as big tech earnings disappointed and Trump threatened to pick up the tariff war with China again, supposedly for its poor handling on the Covid-19 pandemic. While MSM is still …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 04/30/2020
ETF Data updated through Thursday, April 30, 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 …
Closing A Strong April With A Whimper
[Chart courtesy of MarketWatch.com] Moving the markets After rallying all month, the major indexes stalled today, but were able to wipe out most of March’s losses for the buy-and-hold crowd with the S&P 500 sporting its best monthly return since 1987. Of course, as we know, the rebound was entirely based on Fed support, as the markets were swamped with …