[Chart courtesy of MarketWatch.com] Moving the markets The tug-of-war between vaccine giants Pfizer and Moderna shifted into overdrive with the former now besting the latter by pointing to its final analysis, which verified a 95% effective rate vs. Moderna’s previous 92%. I am sure that we have not heard the last of it. The news of that advancement was offset …
Gravity Keeps Markets In Check
[Chart courtesy of MarketWatch.com] Moving the markets The constant vaccine hype ran out of steam today, with concerns turning to rapidly accelerating economic shutdowns coast-to-coast, which for sure will hammer the US economy and others as well. As a result, the markets fizzled, but the pullback, while broad, was modest in scope. After all, a pause after the recent ramp …
Latest Vaccine News Ignites Equities
[Chart courtesy of MarketWatch.com] Moving the markets The futures were again directing the way via an ecstatic “hope” move in the markets with ZH narrating it this way: Last night, when discussing the euphoric surge in Sunday markets, we said that the move is on expectations that the “Moderna covid vaccine may hit as early as tomorrow, and a favorable …
ETFs On The Cutline – Updated Through 11/13/2020
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 November 13, 2020
ETF Tracker StatSheet You can view the latest version here. S&P 500 Scores A Record Close [Chart courtesy of MarketWatch.com] Moving the markets Hope reigned supreme that a hypothetically effective vaccine will become reality and cause the economy to recover some time next year, which would benefit stocks. “This week’s positive vaccine news is a game-changer in our view, …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 11/12/2020
ETF Data updated through Thursday, November 12, 2020 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 …