[Chart courtesy of MarketWatch.com] Moving the markets Right after the opening bell, the major indexes jumped and remained firmly entrenched above the unchanged line for the entire session gaining solidly across the board. Causing this euphoria was hope that the U.S./China trade animosities and rhetoric finally softened after weekend news that the Trump administration would delay implementation of tariffs on …
ETFs On The Cutline – Updated Through 05/18/2018
Below please find the latest High Volume ETFs 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 366 High Volume ETFs ETFs, defined as those with an average daily volume of more than …
ETF Tracker Newsletter For May 18, 2018
ETF Tracker StatSheet https://theetfbully.com/2018/05/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-05-17-2018/ MAJOR INDEXES RETREAT FOR THE WEEK [Chart courtesy of MarketWatch.com] Moving the markets The primary direction for the major indexes this week was sideways to down. The Dow and S&P gave back -0.5%, their third weekly declines of the past four, while the Nasdaq sank -0.7%. The more dramatic action happened in Italy and the Emerging …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 05/17/2018
ETF Data updated through Thursday, May 17, 2018 Methodology/Use of this StatSheet: 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. 1. Trend Tracking Indexes (TTIs) Buy or Sell decisions for Domestic and International ETFs …
Rising Bond Yields Keep Markets In Check
[Chart courtesy of MarketWatch.com] Moving the markets An early rally lost steam with the major indexes heading south and closing slightly in the red. It was mixed picture as weakness in the tech arena could not be offset by advancing energy shares and continued strength in SmallCaps (+0.48%). Rising bond yields affected the defensive sectors like utilities (-0.9%) and real …
Poor Economic Data—Markets Rally
[Chart courtesy of MarketWatch.com] Moving the markets When weak data points appear, one way to deal with them is to simply ignore them. That’s what traders did today, as Housing Starts and Permits tumbled in April (-3.7% MoM and -1.78% MoM respectively), although March permits were revised upwards from +1.9% Mom to 3.6% MoM). This was followed by a plunge …