[Chart courtesy of MarketWatch.com] Moving the markets Overnight exuberance, caused in part by the discovery that Friday’s story from ABC about former national-security advisor Flynn was “fake news”, only had a temporary market moving effect. But clearly helping the bullish cause was the weekend passage of the Senate version’s overhaul of the tax code. Spoiling the party was the continuation …
ETFs On The Cutline – Updated Through 12/01/2017
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 December 1, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/11/weekly-statsheet-etf-tracker-newsletter-updated-11302017/ SLIPPING FOR THE DAY BUT GAINING FOR THE WEEK [Chart courtesy of MarketWatch.com] Moving the markets The equity markets derailed this morning and plunged after headline reports that Trump’s former national-security advisor promised not only “full cooperation with the Mueller team” but that he is also prepared to testify that as a candidate, Donald Trump …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 11/30/2017
ETF Data updated through Thursday, November 30, 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 …
Tax Plan Optimism Sparks Rally
[Chart courtesy of MarketWatch.com] Moving the markets And the beat goes on. Optimism about the tax plan prospects went into hyper drive with John McCain appearing to be the catalyst by casting his “YES” vote convincing traders that a tax reform may actually happen. That motivated the bullish crowd, and the major indexes jumped. Even though we came off the …
Tech Proves To Be A Drag On The Markets
[Chart courtesy of MarketWatch.com] Moving the markets It’s really no surprise that the best performing sector of 2017 had to eventually come off its lofty levels and back to reality. That moment was today as, despite nine of the 11 S&P sectors gaining, Semiconductors (SMH) took a hit at the rate of -4.24%. Autodesk (ADSK) announced some earnings and restructuring …