[Chart courtesy of MarketWatch.com] Moving the markets Optimism, that global economies may not become derailed as feared, contributed to the major indexes not only stringing together a 3-day win streak but also the S&P 500 scoring another record close. The gains were broad with value, growth (tech) and SmallCaps all participating with similar advances. The only fly in the ointment …
Bounce-Back Tuesday
[Chart courtesy of MarketWatch.com] Moving the markets The futures markets already indicated last night that green numbers might appear during today’s day session. That’s exactly how it turned out with the Dow sprinting ahead by some 300 points, a lead that slowly and steadily grew larger as the day progressed. The other two major indexes joined the party with the …
Tug-Of-War: Omicron Vs. Santa Claus
[Chart courtesy of MarketWatch.com] Moving the markets My somewhat humorous headline contains some truth in that hope for a Santa Claus rally is alive and well but has been met with resistance due to intensifying omicron fears with a resurgence in the number of Covid cases, which have been blamed on the variant. To be clear, the Santa Claus rally …
ETFs On The Cutline – Updated Through 12/17/2021
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 December 17, 2021
ETF Tracker StatSheet You can view the latest version here. DIVING INTO THE WEEKEND [Chart courtesy of MarketWatch.com] Moving the markets As anticipated, volatility reared its ugly head and sent the markets on another roller coaster ride. Despite a variety of rebound attempts, the bulls were not able to achieve a green close, as the bears prevailed with the …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 12/16/2021
ETF Data updated through Thursday, December 16, 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 …