[Chart courtesy of MarketWatch.com] Moving the markets After Friday’s rebound, the markets followed through to the upside this morning, as positive earnings by banking powerhouse Goldman Sachs supported the bullish mood. But as we’ve seen many times in the past, sentiment lost steam, and south we went. Contributing to that sudden sour mood was a report from Apple that it …
ETFs On The Cutline – Updated Through 07/15/2022
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 July 15, 2022
ETF Tracker StatSheet You can view the latest version here. GAINING FOR THE DAY BUT SLIPPING FOR THE WEEK [Chart courtesy of MarketWatch.com] Moving the markets After four days of failed rebound attempts, the major indexes finally managed to squeeze out a gain for the day but ended up losing for the week in conjunction with the S&P 500 …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 07/14/2022
ETF Data updated through Thursday, July 14, 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 …
CPI Shock: Markets Tank, Crank, And Tank
[Chart courtesy of MarketWatch.com] Moving the markets A hotter-than expected inflation report showed that the CPI rose 9.1% YoY in June, which was higher than May’s 8.6% reading, that had been the biggest increase since 1981. Economists expected an 8.8% print. Even the Core CPI, which excludes food and energy, came in at 5.9% and topped the 5.7% estimate. On …
Stocks Are Dipping—Global Stagflation Is Ripping
[Chart courtesy of MarketWatch.com] Moving the markets After hesitantly spending some time above their respective unchanged lines, bullish momentum, as insignificant as it was, disappeared, and the major indexes staged a turnaround and dumped into the close. It was a lackluster session with the same old standby worry, namely economic growth, as Wall Street braced itself for tomorrows key inflation …