[Chart courtesy of MarketWatch.com] Moving the markets Another day, another roller coaster ride. Sharp early losses were wiped out, as the markets did a U-turn with the major indexes ending moderately in the green. One of our more volatile SmallCap holdings had triggered its trailing sell stop last night and was sold. Fed head Powell contributed to the early sell-off …
Reversal Day: Nasdaq Pops And Drops
[Chart courtesy of MarketWatch.com] Moving the markets After yesterday’s broad retreat, the Nasdaq managed an early bounce, which was quickly wiped out when the index changed direction and headed south while accelerating its demise for the day during the last hour. SmallCaps had a wild and whacky day as well. Up strongly in the morning, the momentum faded with “value” …
No Place To Hide
[Chart courtesy of MarketWatch.com] Moving the markets An early attempt by the major indexes to cling to their respective unchanged lines proved to be a futile one, when mid-day the bears stormed out of hibernation. All equities were slammed, and a sea of red was the inevitable result. Even slipping bond yields could not stem the tide, but at least …
Tech Fights Back
[Chart courtesy of MarketWatch.com] Moving the markets After getting pulled off its lofty level last week, the tech sector showed signs of life and built on Friday’s modest rebound by gaining +1.23% for the day. While all three major indexes ended in the green, today’s rotation was from “value” into “big-tech growth,” thereby leaving SmallCaps in the dust. ZH equated …
ETFs On The Cutline – Updated Through 03/19/2021
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 March 19, 2021
ETF Tracker StatSheet You can view the latest version here. [Chart courtesy of MarketWatch.com] Moving the markets Though the quad withing hour increased today’s volatility, it was what the Fed did not do that added to with the banking sector’s sell-off mode after two days of gains. The Fed decided not to extend “a pandemic-era capital break” for banks, …