ETF Data updated through Thursday, July 7, 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 …
Uncertainty Reigns
[Chart courtesy of MarketWatch.com] Moving the markets Another wild session had the markets bobbing and weaving, yet the major indexes managed to eke out a small gain. All eyes had been on the release of the Fed’s FOMC minutes from June, which indicated that they had not wavered from their commitment to bring inflation down. The unanswered question was whether …
Climbing Out Of A Deep Hole
[Chart courtesy of MarketWatch.com] Moving the markets The unpredictable and wild market swings continued today, when the major indexes crashed at the opening with the Dow dumping some 700 points. As we’ve seen numerous times in the past, a slow and steady climb ensued pulling stocks out of a deep hole, which helped the S&P end a tad in the …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 06/30/2022
ETF Data updated through Thursday, June 30, 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 …
Flipping, Ripping And Dipping
[Chart courtesy of MarketWatch.com] Moving the markets Dip buyers and buy-and-holders suffered through another wild session not unlike the last quarter and the first half of 2022, during which the S&P 500 headed towards its worst result since 1970. But the latest update from Bloomberg shows that the index was down 21.01% in 1970 H1, but we are currently down …
Going Nowhere Fast
[Chart courtesy of MarketWatch.com] Moving the markets Despite an early pop in the major indexes, the struggle of finding a bottom, off which to launch a bullish rebound from, eluded traders and algos alike. Absent of a major Ramp-A-Thon tomorrow, the last day of the quarter, Wall Street will be left swallowing the bitter pill that the worst half of …