[Chart courtesy of MarketWatch.com] Moving the markets It was a tug-of-war between Apple (AAPL -2.53%) and the retail sector as the former fell and the latter rallied (XRT +1.12%). Crude oil (+2.27%) through in some bullish support but it the end, the major indexes headed south by a slight margin. Of course, Holiday shortened weeks invite low volume, so the …
ETFs On The Cutline – Updated Through 12/22/2017
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 22, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/12/weekly-statsheet-etf-tracker-newsletter-updated-12212017/ CRAWLING BACK TOWARDS THE UNCHANGED LINE [Chart courtesy of MarketWatch.com] Moving the markets Despite today’s aimless meandering, which had the major indexes crawling out of a hole towards the unchanged line, the Dow and S&P 500 managed to score their fifth straight weekly advance despite ending the session slightly in the red. For sure, with …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 12/21/2017
ETF Data updated through Thursday, December 21, 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 …
Hunting For A Fresh Catalyst
[Chart courtesy of MarketWatch.com] Moving the markets With the tax reform package now being a done deal, the markets were in need of a new catalyst to continue their bullish theme. Since there was none to speak of, equities simply rallied higher because… well… that’s what they do. Energy, Financials and Telecom contributed to the positive outcome, but the mid-session …
Tax-Revamp Boost Runs Out Of Steam
[Chart courtesy of MarketWatch.com] Moving the markets The major indexes slipped a bit as the much touted and hyped tax deal appeared to be done, and the legislation was finally sent to President Trump for his signature. It seems that the bill’s passage left investors emotionally exhausted and apathetic as the actual news was a non-event in terms of market …