[Chart courtesy of MarketWatch.com] Moving the markets Last week’s enthusiastic rally, in the face of nothing but geopolitical and economic issues, came to an end today when Fed Head Powell rang the bell on inflationary concerns while hinting at tougher responses. After finally admitting that “inflation is much too high,” he vowed to take appropriate measures to get a better …
ETFs On The Cutline – Updated Through 03/18/2022
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 March 18, 2022
ETF Tracker StatSheet You can view the latest version here. RAMPING INTO THE WEEKEND [Chart courtesy of MarketWatch.com] Moving the markets Even in the face of a $3.5 trillion options expirations fest, questionable geopolitical and economic news, along with hawkish tones from Fed Gov Waller, nothing appeared to be able to keep equities from rallying into the weekend, thereby …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 03/17/2022
ETF Data updated through Thursday, March 17, 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 …
On The Edge Of A New Domestic Buy Signal
[Chart courtesy of MarketWatch.com] Moving the markets Equities jumped for the third straight day pushing our Domestic Trend Tracking Index (TTI) above its long-term trend line for the first time, since the effective date of our latest Sell signal on 2/24/22. As I pointed out yesterday, the markets are ignoring all the geopolitical and economic dramas (Stagflation) and are focusing …
Thriving, Diving, And Recovering
[Chart courtesy of MarketWatch.com] Moving the markets Today’s session turned into another wild ride, when an early 350-point ramp in the Dow was wiped out, with major indexes retreating to their unchanged lines, only to see them as a springboard for a last hour rebound to intra-day highs. Today we learned that the Fed, as expected, raised their Federal Funds …