[Chart courtesy of MarketWatch.com] Moving the markets Yesterday’s strong recovery set the tone for further advances, as the bulls proved to be the dominating force after the opening bell rang. There was no hesitation as to the direction with higher prices being in clear focus for this session. As a result, it was a one-way street with buyers being in …
Conquering Friday’s Puke-A-Thon
[Chart courtesy of MarketWatch.com] Moving the markets After wild rides in the markets last week, which saw early rallies wiped out later in the session, we finally witnessed an opening surge that improved throughout the day and did not peter out in the afternoon. Sure, momentum slumped a little into the close, but that can be expected. In the process, …
ETFs On The Cutline – Updated Through 12/03/2021
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 December 3, 2021
ETF Tracker StatSheet You can view the latest version here. A TURBULENT DAY CLOSES OUT A TURBULENT WEEK [Chart courtesy of MarketWatch.com] Moving the markets After yesterday’s comeback move, the markets went back into “survival mode,” with the major indexes tanking throughout the day but being somewhat rescued by a last hour rebound attempt. The indicators still closed in …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 12/02/2021
ETF Data updated through Thursday, December 2, 2021 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 …
Demolition Derby: An Early Rally Bites The Dust
[Chart courtesy of MarketWatch.com] Moving the markets The first couple of trading hours were hopeful with the Dow jumping ahead over 300 points indicating that recent volatility had subsided and traders assuming that we’d be well on our way to the much-anticipated Holiday finish. Those hopes were dashed suddenly, when the bears took the upper hand and pounded the major …