[Chart courtesy of MarketWatch.com] Moving the markets I noted my surprise on Friday that equities had not been more negatively affected by the geopolitical events, but that notion seemed to have changed today. One look at the S&P 500 chart above tells the story that the bears ruled supreme and, at least for the time being, won the tug-of-war against …
ETFs On The Cutline – Updated Through 03/04/2022
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 …
ETF Tracker Newsletter For March 4, 2022
ETF Tracker StatSheet You can view the latest version here. FADING INTO THE WEEKEND [Chart courtesy of MarketWatch.com] Moving the markets Even a better-than-expected jobs report (678k gained vs. expectations of 423k) was not enough to compete with the negative overhang of the geopolitical environment, as the Russia-Ukraine skirmish continued unabated, despite encouraging attempts on both sides to schedule …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 03/03/2022
ETF Data updated through Thursday, March 3, 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 …
Popping And Dropping
[Chart courtesy of MarketWatch.com] Moving the markets Chopping around their respective unchanged lines appeared to be the mantra for the major indexes, after an early pop ran out of steam and gave way to weakness, as bullish sentiment fell by the wayside. The Nasdaq fared the worst with a 1.56% loss, though the Dow and S&P 500 retreated only moderately. …
Bounce-Back Wednesday
[Chart courtesy of MarketWatch.com] Moving the markets The bulls tried to shake off the effects of the Ukraine-Russia confrontation and managed to squeeze out a rebound, despite surging oil and commodity prices. While the major indexes recovered yesterday’s losses, today’s action had the smell of a dead cat bounce. Sure, there were several verbal assists helping market sentiment starting with …