[Chart courtesy of MarketWatch.com] Moving the markets While the Dow peeked above its unchanged line early on, that visit was an ephemeral one because the index shortly thereafter joined the S&P 500 and Nasdaq in the red. The slipping and sliding continued throughout the session with dip buyers being conspicuously absent. Things got worse mid-day after Russia reported that they …
Optimism Powers Markets
[Chart courtesy of MarketWatch.com] Moving the markets The winning steak continued and was supported by increased hopes that a Russian-Ukraine ceasefire may be on deck, despite the warring parties saying that they are not close to deal. Phrases like “nothing is agreed upon, unless everything is agreed upon,” took the starch out of the early bounce by mid-day, but the …
Dropping And Popping
[Chart courtesy of MarketWatch.com] Moving the markets An early drop in the markets found a bottom and suddenly reversed after the Financial Times posted an article claiming this: Russia is no longer requesting Ukraine be “denazified” and is prepared to let Kyiv join the European Union if it remains militarily non-aligned as part of ongoing ceasefire negotiations. The draft ceasefire …
ETFs On The Cutline – Updated Through 03/25/2022
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 25, 2022
ETF Tracker StatSheet You can view the latest version here. CLIMBING A WALL OF WORRY [Chart courtesy of MarketWatch.com] Moving the markets Given the news events this week, it has become clear that markets have simply disconnected from reality and therefore were able to climb a wall of worry. Here’s why: The war in Ukraine continues The Fed is …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 03/24/2022
ETF Data updated through Thursday, March 24, 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 …