[Chart courtesy of MarketWatch.com] Moving the markets While the major indexes were shooting for a 3rd winning day in a row, the session turned out to be sloppy one with only the Nasdaq closing in the green, while the Dow and S&P 500 danced around their respective unchanged lines. Both dove into the close and ended up with tiny losses. …
Staying The Course
[Chart courtesy of MarketWatch.com] Moving the markets Despite yesterday’s massive rebound, the markets did not waver but stayed the course and notched more gains. The S&P 500 was trying to get into record territory but fell short, while the Nasdaq showed more upside momentum and climbed to a new all-time high. The tech sector led Tuesday’s advance by a modest …
Back To The Bullish Beat
[Chart courtesy of MarketWatch.com] Moving the markets Ripping higher after the sound of today’s opening bell had barely faded was the meme for the day with the major indexes posting solid gains after last week’s Fed induced pullback. Dipping into the red early on was the Nasdaq, which recovered but lagged throughout the session. When all was said and done, …
ETFs On The Cutline – Updated Through 06/18/2021
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 June 18, 2021
ETF Tracker StatSheet You can view the latest version here. THE FED HANGOVER CONTINUES [Chart courtesy of MarketWatch.com] Moving the markets The fact that the Fed’s announcement of higher rates possibly in 2023, some 2 years from now, caused such a disturbance in the financial markets, goes to clearly confirm the one thing I have been pounding on for …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 06/17/2021
ETF Data updated through Thursday, June 17, 2021 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 …