[Chart courtesy of MarketWatch.com] Moving the Markets For the second day, market nervousness prevailed, as concerns ahead of the UK general election, uncertainties about ex-FBI chief Comey’s upcoming testimony to the Senate, along with a Thursday ECB policy meeting, kept the major indexes subdued and stuck below their respective unchanged lines. However, as was the case yesterday, the pullback was …
Slipping Off The Record Highs
[Chart courtesy of MarketWatch.com] Moving the Markets Geopolitical uncertainties, such as the London terrorist attack and the upcoming testimony of former FMI chief Comey, combined to pull the starch out of last week’s upward momentum. Not helping matters was the continuing weakness in the US Macro data index, which has slipped now to its lowest level since February 2016 when …
ETFs On The Cutline – Updated Through 06/02/2017
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 June 2, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/06/weekly-statsheet-etf-tracker-newsletter-updated-06012017/ SAME OLD STORY: ANY NEWS IS GOOD NEWS FOR THE MARKETS [Chart courtesy of MarketWatch.com] Moving the Markets After yesterday’s euphoric reaction to ADP’s private sector hiring report, reality set in this morning when the BLS released the May jobs report showing that only a disappointing 138k jobs were added in May, which was far below …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 06/01/2017
ETF Data updated through Thursday, June 1, 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 …
Afternoon Rally Starts June With A Bang
[Chart courtesy of MarketWatch.com] Moving the Markets Private sector hiring as reported by ADP, which added a seasonally adjusted and bigger–than-expected 253k rise in employment for May, set the tone for the market, as the major indexes climbed steadily above the unchanged line and into record territory. As has been the case in the recent past, negative news like US …