[Chart courtesy of MarketWatch.com] Moving the markets It had to happen eventually, and today was the day when Atlanta Fed President Bostic finally broke away from the common theme, and confirmed what I have been saying all year: Price surges caused by supply-chain disruptions, or the reopening of the services sector are likely to last, i.e., they are not transitory, …
Cranking And Tanking
[Chart courtesy of MarketWatch.com] Moving the markets An early broad rally bit the dust, with the major indexes losing all initial gains and not just sliding into the red but also closing at the lows of the session. While the bond market was closed in the US, the Chinese probably wish theirs would have been too, but no such luck. …
ETFs On The Cutline – Updated Through 10/08/2021
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 October 8, 2021
ETF Tracker StatSheet You can view the latest version here. FLAT FOR THE DAY BUT HIGHER FOR THE WEEK [Chart courtesy of MarketWatch.com] Moving the markets It was a good news bad news scenario as the latter, namely a disappointing jobs report faced the former, that is optimism about the short-term debt ceiling bill, which has pushed the ultimate …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 10/07/2021
ETF Data updated through Thursday, October 7, 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 …
Market Ping Pong Continues
[Chart courtesy of MarketWatch.com] Moving the markets During the early part of today’s session, the market ping-pong continued, when the major indexes took a steep dive with the Dow down some 400 points and on pace to again wipe out the previous day’s gains. However, a slow but steady rebound ensued with equities digging themselves out of a deep hole …