ETF Data updated through Thursday, February 20, 2020 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 …
Comeback Wednesday
[Chart courtesy of MarketWatch.com] Moving the markets With the effects of the coronavirus on everyone’s mind, China felt obliged to assure the world that it will take measures to help virus-stricken businesses by identifying weak links in supply chains. That was enough to get a rebound started with the S&P 500 and Nasdaq promptly scoring new intra-day all-time highs. At …
Apple Rattles Wall Street
[Chart courtesy of MarketWatch.com] Moving the markets Powerhouse Apple Inc. pulled the plug on Wall Street this morning, after announcing that its second quarter results may be impacted by the virus outbreak in China. This in turn stoked fears again that any potential interruptions of supply chains will have far-reaching consequences not just for worldwide economies but also the financial …
Hovering In Record Territory
[Chart courtesy of MarketWatch.com] Moving the markets The major indexes gapped higher at the opening and raced into record territory supported by news that the number of new coronaviruses has slowed down. We all know that the accuracy of those numbers coming out of China remains questionable at best, market reaction, while positive, can also be premature. While the last …
Staging A Comeback
[Chart courtesy of MarketWatch.com] Moving the markets No matter what the news headlines say about the coronavirus, investors seem to look past it and find another area to focus on. That was the case today, with potential disruptions to global economies being pushed on the back burner, while positive earnings moved back to the front. Earnings numbers overall have been …
The Bullish Beat Goes On
[Chart courtesy of MarketWatch.com] Moving the markets At least for the moment, it seems that nothing can disrupt this running bull market, even though, the cause of last week’s rut, namely the coronavirus, is far from being contained. Sentiment, that stepped-up containment efforts, along with work towards new vaccines, may mitigate any negative economic impacts, was the bullish driver that …