Due to a variety of commitments, I will be out of the office most of the day and will not be able to write the market commentary. Regular posting will resume tomorrow. Ulli…
No Market Report Today
Despite most Wall Street traders being gone this week, the S&P 500 is heading towards its 3,000 level—on very low volume. With only another hour to go, because of a shortened session, we may very well see this milestone being hit. I have a few commitments this afternoon and will not be able to write today’s report. Regular posting will …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 06/27/2019
ETF Data updated through Thursday, June 27, 2019 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 …
ETF Tracker Newsletter For May 31, 2019
ETF Tracker StatSheet You can view the latest version here. TRADE WAR #2 CAUSES A SEA OF RED [Chart courtesy of MarketWatch.com] Moving the markets The markets got ambushed last night after Trump’s announcement that tariffs on Mexico will be imposed as of June 10th in order to force the country to stem the tide of the ever increasing …
ETF Tracker Newsletter For May 17, 2019
ETF Tracker StatSheet You can view the latest version here. ENDING THE WEEK ON A SOUR NOTE [Chart courtesy of MarketWatch.com] Moving the markets The struggle for direction shifted into high gear when, after a weak opening, the algos pushed the indexes back into the green, only to see the gains disappear in a sudden late session sell off. …
Equities Tank As The Trade Drama Continues
[Chart courtesy of MarketWatch.com] Moving the markets Volatility returned with a vengeance, as uncertainty about the U.S.-China trade talks ratcheted up a notch, despite Vice Premier Liu He’s intention to attend trade talks this week in Washington. However, that did nothing to soothe nervous traders on Wall Street, who concluded that no resolution would materialize by Friday, the day on …