[Chart courtesy of MarketWatch.com] Moving the markets The futures markets last night already indicated positive numbers, a trend which continued into the regular session. The major indexes opened higher and never looked back, which resulted in a solid bounce back after yesterday’s thrashing. Most of Monday’s losses were recovered, as dip buyers stepped in to take advantage of the Dow’s …
Delta Variant Infects Stock Market
[Chart courtesy of MarketWatch.com] Moving the markets Concerns, that rebounding Covid cases, especially those identified as a Delta variant, could negatively affect an already stumbling recovery in economic activity, pulled the rug out from under the bullish theme and spanked the major indexes along with the broad market. At one point, the Dow was down over 900 points but managed …
ETFs On The Cutline – Updated Through 07/16/2021
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 July 16, 2021
ETF Tracker StatSheet You can view the latest version here. CHUCKING INTO THE WEEKEND [Chart courtesy of MarketWatch.com] Moving the markets Despite an early bounce last Monday, the major indexes bobbed and weaved throughout the week, yet, as upward momentum was fading, so did the buying appetite, and we dumped into the weekend. This snapped the Dow’s 3-week winning …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 07/15/2021
ETF Data updated through Thursday, July 15, 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 …
No Market Commentary
It looks like I will not be able to return in time from a couple of appointments to write the market commentary. However, I will create the StatSheet later on and publish it tonight. Regular posting will resume tomorrow. Ulli…