[Chart courtesy of MarketWatch.com] Moving the markets After Friday’s levitation to start the month of October on a positive note, much of that enthusiasm waned, as the mood soured thereby pushing the major indexes into the red. The Dow fared the best and the Nasdaq the worst, because of higher interest rates exacting another pound of flesh from this sector. …
ETFs On The Cutline – Updated Through 10/01/2021
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 1, 2021
ETF Tracker StatSheet You can view the latest version here. STORMING INTO OCTOBER [Chart courtesy of MarketWatch.com] Moving the markets After a swan dive onto the last trading day of September, a month during which the S&P 500 surrendered almost 5%, October started with a bang, after some initial choppiness was overcome. The major indexes found upward momentum and …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 09/30/2021
ETF Data updated through Thursday, September 30, 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 …
Chopping, Flopping, And Dropping
[Chart courtesy of MarketWatch.com] Moving the markets The bulls and bears were engaged in a tug-of-war session with the former seemingly storming ahead only to be pulled back down to reality by the latter. Gains came and went and, when the closing bell rang, only the Dow & S&P 500 were able to barely stay above their respective unchanged lines. …
Bond Yields Crank And Markets Tank
[Chart courtesy of MarketWatch.com] Moving the markets There was no question that spiking bond yields were the destroyer of equity prices, with the major indexes tanking in unison right after the opening bell. A couple of rebound attempts were rebuffed, and the downward trend continued with the Nasdaq faring the worst with a loss of 2.83%. Bond yields shot up …