[Chart courtesy of MarketWatch.com] Moving the markets The growth meme was the talk of the day on Wall Street, as concerns mounted again that not all is well in the world of economics. Things started on a shaky foundation in the futures markets, with all major indexes in the red, while gold got hammered almost 3%, as one entity unloaded …
ETFs On The Cutline – Updated Through 08/06/2021
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 August 6, 2021
ETF Tracker StatSheet You can view the latest version here. JOBS REPORT BOOSTS MAJOR INDEXES [Chart courtesy of MarketWatch.com] Moving the markets A stronger-than-expected jobs report pushed the Dow and S&P 500 into record territory, while the Nasdaq faded and never made it into the green, as traders favored stocks that could benefit from faster economic growth. The jobs …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 08/05/2021
ETF Data updated through Thursday, August 5, 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 …
Bond Rollercoaster Punishes Equities
[Chart courtesy of MarketWatch.com] Moving the markets A variety of factors combined to knock down equities with the 10-year bond yield getting whacked around like a rubber ball in a trampoline factory. First, General Motors dropped some 7%, which weighed heavily on the broad market as the automaker missed earnings expectations, but it managed to issue a positive guidance for …
From Zero To Hero
[Chart courtesy of MarketWatch.com] Moving the markets A sloppy opening and quick pullback put the major indexes on the defensive with all three of them sinking into the red. It was a reversal from yesterday’s action when an early pump turned into a late dump. Bond yields proved to be the stabilizing factor with 10-year yields rebounding from Monday’s drop …