[Chart courtesy of MarketWatch.com] Moving the markets It was another choppy session, as the release of the Fed’s meeting minutes (FOMC) showed a mixed picture in terms of future rates hikes. The Central Bank noted that it was seeing some progress in its inflation fighting efforts while stating that “a substantial majority of participants judged that a slowing in the …
Focusing On The Positives
[Chart courtesy of MarketWatch.com] Moving the markets As I mentioned yesterday, with most traders being on vacation this week, reduced volume made it easier for the remaining crew to exuberantly push markets around and support the bullish cause. Looking towards the end of the year, hope that inflation might ease, and by association interest rates, was an underlying theme based …
Slipping And Sliding
[Chart courtesy of MarketWatch.com] Moving the markets The major indexes shed some more of their recent gains during this first day of a Holiday shortened trading week. Not helping the already jittery market were reports of China possibly ramping up Covid restrictions due to some additional deaths and the lockdowns spreading. As a result, the Chinese Yuan plunged, and the …
ETFs On The Cutline – Updated Through 11/18/2022
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 November 18, 2022
ETF Tracker StatSheet You can view the latest version here. TREADING WATER [Chart courtesy of MarketWatch.com] Moving the markets Despite the tough language used by St. Louis’ Fed President Bullard yesterday, that a benchmark interest rate in the range of 5%-7% would be needed to bring down inflation, the Wall Street crowd refuses to pay attention and still lives …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 11/17/2022
ETF Data updated through Thursday, November 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 …