ETF Tracker StatSheet You can view the latest version here. CLOSING A WINNING WEEK ON A POSITIVE NOTE [Chart courtesy of MarketWatch.com] Moving the markets New records were set again today, as the Dow and S&P 500 continued their ascent to ever new highs. Strong earnings from blue chip companies gave the assist, as well as data signaling that …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 04/15/2021
ETF Data updated through Thursday, April 15, 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 …
Dow And S&P 500 Score New Records
[Chart courtesy of MarketWatch.com] Moving the markets The unchanged line was nowhere near in sight, as the major indexes roared higher after the opening bell and never looked back with the Dow and S&P 500 reaching new all-time highs. Big tech surged and maintained their dominance over SmallCaps, while “growth” outperformed “value.” Strong earnings and some economic reports painted a …
Banks Rally—Tech Cools Off
[Chart courtesy of MarketWatch.com] Moving the markets After an early pump, the major indexes lost momentum with the S&P 500 and Nasdaq ending up in the red, while the Dow managed to stay above its unchanged line. Strong bank earnings helped the financial sector with XLF gaining +0.63%, but that was offset by tech stocks tanking, despite the widely anticipated …
S&P 500 Notches Another Record High
[Chart courtesy of MarketWatch.com] Moving the markets Despite a slow start, the S&P 500 and Nasdaq found some upward momentum late in the session and broke out of a sideways trend with the former scoring a new all-time high. Anxiety about the Consumer Price Index (CPI) faded with the index rising in March by 0.6% vs. 0.5% expectations. YoY we …
Sliding Into Earnings Season
[Chart courtesy of MarketWatch.com] Moving the markets Subdued trading best describes today’s session during which the major indexes operated within a tight range. Despite a red close, the losses were minor, and the activity resembled a lack of motivation due to key inflation data and first quarter earnings awaiting on deck. Market volatility continued to decline, as seen by the …