ETF Tracker StatSheet https://theetfbully.com/2017/11/weekly-statsheet-etf-tracker-newsletter-updated-11162017/ DOW AND S&P 500 SLIP FOR THE WEEK [Chart courtesy of MarketWatch.com] Moving the Markets Center stage again were developments surrounding the House’s tax cut plan, and it’s now up to the Senate to either agree (no chance) or come up with mutually agreeable changes or adjustments. This uncertainty spread to the major indexes, which were …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 11/16/2017
ETF Data updated through Thursday, November 16, 2017 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 …
Bounce Back Thursday
[Chart courtesy of MarketWatch.com] Moving the Markets After skidding two days in a row, the major indexes bounced back and erased their recent losses with the S&P ending the session at the same level where we closed on Monday. Giving an assist was the widely expected passage of the tax bill in the House. That in itself is progress but …
Lack Of Tax-Overhaul Progress Whacks Sentiment
[Chart courtesy of MarketWatch.com] Moving the Markets While the major indexes suffered their biggest one-day percentage drops since September, as MSM reports, we have to remember that, when looking at the entire 2017 YTD performance, today’s 0.5% pullback is hardly newsworthy. Nevertheless, a weak energy sector with XLE correcting -1.16% did not help matters. And, as I reported just about …
Major Indexes Sag As Tax Reform Acrobatics Continue
[Chart courtesy of MarketWatch.com] Moving the Markets The major indexes sagged as uncertainty about the tax reform tug-of-war continued to take center stage. Not helping matters was a dive in crude oil along with weakness from heavyweights Apple (AAPL) and Boeing (BA). But the stock that really took a spanking was GE (-5.89% for the day) after cutting its dividend …
Eking Out A Tiny Gain
[Chart courtesy of MarketWatch.com] Moving the Markets The major indexes dropped into the red right after the opening bell but managed to climb out of the basement fairly quickly only to spend the rest of the session around the unchanged line without much conviction. In the end, we closed in the green but only by the slightest of margins. Upside …