[Chart courtesy of MarketWatch.com] Moving the markets The futures markets last night indicated bullish momentum and a positive beginning in the cash markets. That turned out to be a head fake, as the major indexes collapsed after the opening with the Dow being down some 1,000 points during the session. I took the opportunity to lighten up on some of …
ETFs On The Cutline – Updated Through 01/21/2022
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 …
Standing At The Edge Of A Domestic “Sell” Signal
ETF Tracker StatSheet You can view the latest version here. [Chart courtesy of MarketWatch.com] Moving the markets It was a wild and whacky holiday shortened week that sent the markets stumbling. The first 3 trading days featured identical results in that early bounces turned into late session trounces, as the major indexes got spanked much to the delight of …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 01/20/2022
ETF Data updated through Thursday, January 20, 2022 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 …
Surrendering Early Gains And Diving Into The Close
[Chart courtesy of MarketWatch.com] Moving the markets A solid early bounce in the major indexes hit the skids, found upward impetus for a second time but then lost momentum with all three major indexes doing their best imitation of a swan dive by closing at the lows of the day. It turned into another disappointing day for the dip buyers, …
Bond Yields Pump And Equities Dump
[Chart courtesy of MarketWatch.com] Moving the markets As we’ve witnessed for most of this year, surging bond yields have been the culprit to not only keep equities in check but also pull them off their lofty levels. Such was the case again today when the session got off to a bad start with the Dow dumping some 500 points right …