[Chart courtesy of MarketWatch.com] Moving the markets A host of headlines appeared to punish the markets by pushing the major indexes down for the third day in the row. First, there was more jawboning about tough trade talk with China, as the administration announced a $100 billion annual China deficit target from last year’s $375 billion. Of course, retaliation is …
Early Rally Fades As Bears Score A Win; Gold Pops As Dollar Drops
[Chart courtesy of MarketWatch.com] Moving the markets Good thing inflation data was fairly benign, as the CPI rose ‘only’ +0.2% in February, after an alarming increase in January of 0.5%, or the markets might have really taken a dive. As it turned out, the major indexes slid slowly but steadily through the entire session wiping out early gains. Despite the …
Bulls And Bears Engage In A Tug-Of-War
[Chart courtesy of MarketWatch.com] Moving the markets After Friday’s monster rally, and last week’s overall bullish tone in the markets, it comes as no surprise that the major averages might take a pause, and that’s precisely what happened. All three of them vacillated around the unchanged line with the Dow and S&P giving back a fraction while the Nasdaq closed …
ETF Tracker Newsletter For March 9, 2018
ETF Tracker StatSheet https://theetfbully.com/2018/03/weekly-statsheet-etf-tracker-newsletter-updated-03-08-2018/ A ONE WAY STREET FOR THE BULLS [Chart courtesy of MarketWatch.com] Moving the markets Forget the concerns of the past week. Things like tariffs, trade wars, rising bond yields and Gary Cohn’s exit from the White House appear to be in the rear view mirror, as the non-farm payroll report took front and center, which ZH …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 03/08/2018
ETF Data updated through Thursday, March 8, 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. Trend Tracking Indexes (TTIs) Buy or Sell decisions for Domestic and International ETFs (section …
Equities Drop and Pop
[Chart courtesy of MarketWatch.com] Moving the markets While we opened the session on a positive note, equities started slipping and sliding being spooked by early rumors as to who would get Gary Cohn’s job. However, that talk fell by the wayside when news headlines announced not only unlimited exemptions for Canada and Mexico from Trump’s tariffs but also allowed other …