[Chart courtesy of MarketWatch.com] Moving the Markets For the second day in a row, the major indexes limped slightly lower but ended up closing the out the month on the plus side. The Nasdaq took the lead with +2.5%, followed by the S&P 500 with +1.2%, while the Dow desperately hung on to the unchanged line but conquering it by …
Going Nowhere Fast
[Chart courtesy of MarketWatch.com] Moving the Markets The markets seemed to have a hangover after the 3-day weekend with the major averages remaining stuck below the unchanged line giving back some of last week’s gains. Macro data continues to head south as consumer confidence dropped to its weakest since February confirming that hope has faded as evidenced by plans to …
ETFs On The Cutline – Updated Through 05/26/2017
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 May 26, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/05/weekly-statsheet-etf-tracker-newsletter-updated-05252017/ PUSHING HIGHER [Chart courtesy of MarketWatch.com] Moving the Markets Despite treading water all day, the S&P 500 and Nasdaq managed to crawl slightly above the unchanged line, thanks to a last minute levitation, thereby closing at another all-time high. Today’s assist came from a rise in consumer discretionary stocks like Best Buy (BBY), which pulled back …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 05/25/2017
ETF Data updated through Thursday, May 25, 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 …
S&P 500 And Nasdaq Eke Out New Record Highs
[Chart courtesy of MarketWatch.com] Moving the Markets After the break through the glass ceiling yesterday, the major indexes managed to maintain upward momentum to score gains for the 6th consecutive day recovering all losses sustained during last week’s dump. While the Dow lagged, the S&P and Nasdaq shot up into record territory. Stocks still felt good the morning after digesting …