Category Archive

ETF Tracker StatSheet           You can view the latest version here. FedEx WHACKS MARKETS [Chart courtesy of MarketWatch.com] Moving the markets After yesterday’s thrashing, the markets continued to vacillate in red territory throughout the entire session, but the major indexes managed to rebound a bit to close off the lows for the day. Still, it was a week that most …

ETF Tracker StatSheet           You can view the latest version here. SHATTERING A 3-WEEK SLUMP [Chart courtesy of MarketWatch.com] Moving the markets Despite the Fed having gone all out with its resolve of fighting inflation confirmed via a variety of speeches by Fed governors and Fed head Powell himself during his Jackson Hole 10-minute closing speech, the markets are simply …

ETF Tracker StatSheet           You can view the latest version here. STOCKS DUMP AS RATE-HIKE ODDS JUMP [Chart courtesy of MarketWatch.com] Moving the markets The much-awaited speech by Fed head Powell, after the annual Jackson Hole symposium, lasted less than 10 minutes and left the front running traders and algos flabbergasted, because they did not pay attention to the events …

ETF Tracker StatSheet           You can view the latest version here. OPTIONS EXPIRATIONS DAY WHACKS MARKETS [Chart courtesy of MarketWatch.com] Moving the markets Bulls were nowhere to be found today, as the $2.1 Trillion options expiration day exacted a pound of flesh from the markets, thereby breaking the S&P 500’s 4-week win streak. The summer rally hit the skids and …

ETF Tracker StatSheet           You can view the latest version here. DOMESTIC TREND TRACKING INDEX (TTI) CROSSES INTO BULLISH TERRITORY [Chart courtesy of MarketWatch.com] Moving the markets During yesterday’s morning rebound, my proprietary Domestic Trend Tracking Index (TTI) peeked above its long-term trend line into bullish territory. Weakening afternoon momentum pulled the index back below its line, but I took …

ETF Tracker StatSheet           You can view the latest version here. MAKING UP JUNE’S LOSSES [Chart courtesy of MarketWatch.com] Moving the markets Despite the Fed’s rate hike of 75 bps on Wednesday and yesterday’s Q2 negative GDP print of -0.9%, the markets perceived all of it as a positive, never mind the fact that two consecutive negative GDP readings are …