ETF Tracker StatSheet You can view the latest version here. RAMPING INTO THE WEEKEND [Chart courtesy of MarketWatch.com] Moving the markets Even in the face of a $3.5 trillion options expirations fest, questionable geopolitical and economic news, along with hawkish tones from Fed Gov Waller, nothing appeared to be able to keep equities from rallying into the weekend, thereby …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 03/17/2022
ETF Data updated through Thursday, March 17, 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 …
On The Edge Of A New Domestic Buy Signal
[Chart courtesy of MarketWatch.com] Moving the markets Equities jumped for the third straight day pushing our Domestic Trend Tracking Index (TTI) above its long-term trend line for the first time, since the effective date of our latest Sell signal on 2/24/22. As I pointed out yesterday, the markets are ignoring all the geopolitical and economic dramas (Stagflation) and are focusing …
Thriving, Diving, And Recovering
[Chart courtesy of MarketWatch.com] Moving the markets Today’s session turned into another wild ride, when an early 350-point ramp in the Dow was wiped out, with major indexes retreating to their unchanged lines, only to see them as a springboard for a last hour rebound to intra-day highs. Today we learned that the Fed, as expected, raised their Federal Funds …
Looking For Support And Finding It
[Chart courtesy of MarketWatch.com] Moving the markets The day started with another rollercoaster ride, as equity futures first plunged, along with markets in China and Europe, but a sudden U-turn, due to changing sentiment, started the ramp-a-thon, even though the scheduled Fed’s rate hike tomorrow represents the uncertainty on deck. As a result, and despite the bear’s relentless efforts …
Another “Hope” Rally Bites The Dust
[Chart courtesy of MarketWatch.com] Moving the markets As we’ve seen recently with almost regular frequency, early rallies suddenly reversed, got wiped out and turned into losses. Today was no exception when a 300-point surge in the Dow hit the skids, and south we went. The Nasdaq took the biggest hit with a -2.04% loss. Oil, commodities, and gold gave back …