[Chart courtesy of MarketWatch.com] Moving the markets Except for yesterday, we have seen the pattern of an early bump getting pounded in the afternoon during all last week. While Monday instilled some confidence in traders’ minds that the bullish meme is still alive, that mantra was smashed today with the major indexes spending most of the session below their respective …
Maintaining Equilibrium
[Chart courtesy of MarketWatch.com] Moving the markets For a change, an early rally maintained its momentum throughout the session, despite a temporary mid-day pullback, with two of the three major indexes finally eking out a gain, following five days of losses. The Nasdaq trailed and closed slightly in the red, after dancing around its unchanged line all day. Small Caps …
ETFs On The Cutline – Updated Through 09/10/2021
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 September 10, 2021
ETF Tracker StatSheet You can view the latest version here. PUKING INTO THE WEEKEND [Chart courtesy of MarketWatch.com] Moving the markets Another opening bounce in the markets turned out to be fake with the major indexes hitting the skids and not only diving into the weekend but also closing at the lows of the session with breadth worsening. This …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 09/09/2021
ETF Data updated through Thursday, September 9, 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 …
Hunting For Clarity
[Chart courtesy of MarketWatch.com] Moving the markets It was a third day in a row of red numbers for the Dow and S&P 500 with the indicators meandering and looking for a base to support the bullish theme. While the three major indexes bounced off the lows for the day, it was not enough to instill confidence in the bears …