Stuck In Neutral

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com] Moving the markets This session turned out to be very similar to the last two, with the major indexes looking for direction but ending up getting stuck in a sideways pattern with not much won and not much lost. The S&P 500 and Nasdaq eked out some small gains while the Dow slipped a tad into …

Riding The Range

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[Chart courtesy of MarketWatch.com] Moving the markets Up—down—sideways—up, and down pretty much describes the journey the major indexes took today with the result being an unchanged outcome. However, the Dow squeezed out a tiny gain of +0.20%, but that move was sufficient for the index to eke out another record closing high. Not even SmallCaps, the winner YTD, were able …

Taking A Time Out

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[Chart courtesy of MarketWatch.com] Moving the markets After the relentless march higher over the past 6 trading days, it was time for a pause. That is exactly what we saw today, as the major indexes dropped early on, recovered, and then hung around their respective unchanged lines. Only the Nasdaq was able to eke out a green close, albeit a …

Ramping Into The Close

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[Chart courtesy of MarketWatch.com] Moving the markets While spending the day in the green, the major indexes vacillated but managed to find more upward momentum during the last hour of the session and ramped into the close. The gains were solid with the Nasdaq leading the pack with +0.95%, yet it was outperformed by SmallCaps (IWO), showing again who the …

ETFs On The Cutline – Updated Through 02/05/2021

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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 February 5, 2021

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ETF Tracker StatSheet           You can view the latest version here. WHEN BAD NEWS IS GOOD NEWS [Chart courtesy of MarketWatch.com] Moving the markets The markets were back to interpreting bad news as good news for equities. This old meme was brought to the forefront again, as a dismal January payroll report sent the major surging at first with all …