[Chart courtesy of MarketWatch.com] Moving the markets Friday’s drubbing was followed by an ugly overnight futures session, which already pointed towards another knock-down of the buy-and-hold crowd and the dip-buyers. Things got worse as the fifth largest ‘sell program’ in history was launched, as ZeroHedge elaborated, and wreaked havoc with the markets, while sending the S&P 500 back into official …
ETFs On The Cutline – Updated Through 06/10/2022
Below, please find the latest High-Volume ETF Cutline report, which shows how far above or below their respective long-term trend lines (39-week SMA) my currently tracked ETFs are positioned. This report covers the HV ETF Master List from Thursday’s StatSheet and includes 312 High Volume ETFs, defined as those with an average daily volume of more than $5 million, of …
ETF Tracker Newsletter For June 10, 2022
ETF Tracker StatSheet You can view the latest version here. LATEST CPI READING PUMMELS STOCKS [Chart courtesy of MarketWatch.com] Moving the markets After yesterday’s spanking, which left the major indexes in the red by some +2%, with the Dow dumping over 600 points, today’s session presented another rude awakening thanks to a worse than expected CPI reading. The Dow …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 06/09/2022
ETF Data updated through Thursday, June 9, 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 …
Bond Yields Pump And Stocks Slump
[Chart courtesy of MarketWatch.com] Moving the markets The roller coaster ride continued, as yesterday’s rebound vanished in a hurry, with the major indexes giving back more than they gained in the prior session. Bonds reversed Tuesday’s yield slippage with yields rising and the 10-year reclaiming its 3% level by closing at 3.03%. Updates and warnings from major companies (Credit Suisse, …
Shaking Off A Warning
[Chart courtesy of MarketWatch.com] Moving the markets The major indexes were subdued early in the session, because Target’s profit warning sent equities into the red. After some bobbing and weaving, momentum turned positive, as dip buyers and a short squeeze combined forces to produce a green close to. A big assist came from the bond market, after yields retreated with …