[Chart courtesy of MarketWatch.com] Moving the markets The Dow and S&P 500 lost their early upward impetus and slid most of the day besides not being able to pierce overhead resistance, despite hovering within striking distance of new all-time highs. For a change, the Nasdaq showed more strength and ended the session moderately to the upside. Some analysts see the …
ETFs On The Cutline – Updated Through 06/04/2021
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 June 4, 2021
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 eagerly awaited May jobs report surprised us with another “miss,” but it was not as dreadful as April’s result. The BLS reported that 559k jobs were added, which was a big improvement from last month’s …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 06/03/2021
ETF Data updated through Thursday, June 3, 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
Due to some business commitments, I will not be able to write today’s commentary. Regular posting will resume tomorrow.. Ulli…
Thriving And Diving
[Chart courtesy of MarketWatch.com] Moving the markets In a repeat performance from yesterday, the major indexes rocketed higher right after the opening but then lost their mojo, headed below their respective unchanged lines but managed to eke out a small gain. The S&P 500 hovers less than 1% from its record high in May and is having trouble breaking through …