[Chart courtesy of MarketWatch.com] Moving the markets Despite worsening inflation numbers, the markets jumped right after the opening bell, with only the Nasdaq losing momentum during the session, while the Dow and S&P 500 remained solidly in the green. July’s CPI showed that prices surged 5.4% YoY, which was a tad higher than expectations of 5.3%. MoM the CPI increased …
Battling The Unchanged Line
[Chart courtesy of MarketWatch.com] Moving the markets Despite the Dow and S&P 500 climbing into record territory right after the opening, it was only the Dow that maintained its bullish momentum into the close. The S&P 500 floundered and battled with its flatline but managed to close a tad above it, while the Nasdaq stumbled in the red throughout the …
Flopping And Chopping
[Chart courtesy of MarketWatch.com] Moving the markets The growth meme was the talk of the day on Wall Street, as concerns mounted again that not all is well in the world of economics. Things started on a shaky foundation in the futures markets, with all major indexes in the red, while gold got hammered almost 3%, as one entity unloaded …
ETFs On The Cutline – Updated Through 08/06/2021
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 August 6, 2021
ETF Tracker StatSheet You can view the latest version here. JOBS REPORT BOOSTS MAJOR INDEXES [Chart courtesy of MarketWatch.com] Moving the markets A stronger-than-expected jobs report pushed the Dow and S&P 500 into record territory, while the Nasdaq faded and never made it into the green, as traders favored stocks that could benefit from faster economic growth. The jobs …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 08/05/2021
ETF Data updated through Thursday, August 5, 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 …