Directionless Wandering

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[Chart courtesy of MarketWatch.com] Moving the markets Aimless meandering, with a slight upside bias, continued but, in the end, traders were too much on edge ahead of Powell’s speech on Friday regarding inflation and interest rates following the Jackson Hole symposium. Beliefs are that the Fed will reinforce its view of fighting inflation, which could create a headwind for equity …

Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 08/18/2022

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ETF Data updated through Thursday, August 18, 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 …

Running Into Overhead Resistance

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[Chart courtesy of MarketWatch.com] Moving the markets A few items kept traders in a defensive position with overhead resistance lurking due to the S&P 500 approaching its 200-day M/A, a level that is often associated with a major trend change. Historically, these attempts have not played out well for the bulls, as this chart shows. The other issues for traders’ …

Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 04/14/2022

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ETF Data updated through Thursday, April 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 …

Losing Steam

Ulli Uncategorized Contact

[Chart courtesy of MarketWatch.com] Moving the markets All good things must come to an end eventually, and today we saw the reality of that quotation when, after an early march higher, upward momentum faded causing the rally to lose some steam. The major indexes put up a good fight but ended the session modestly in the red with the Nasdaq …