[Chart courtesy of MarketWatch.com] Moving the Market A broad decline in the major indexes interrupted the Trump rally as bad news was, for a change, perceived to be really bad news with the culprit being a drop in home sales. It was a sharp one as pending home sales plunged to their lowest level in almost a year. This should …
Edging Up On Low Volume
[Chart courtesy of MarketWatch.com] Moving the Markets The major indexes managed to crawl higher today but hopes of the Dow taking out the 20,000 marker were dashed again with the index barely remaining above the unchanged line. For December 27th, today was the lowest volume day in over 10 years, which will most likely continue for the remainder of this …
ETFs On The Cutline – Updated Through 12/23/2016
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 23, 2016
ETF Tracker StatSheet https://theetfbully.com/2016/12/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-12222016/ Market Commentary Wall Street Takes A Breather [Chart courtesy of MarketWatch.com] Moving the Markets The major indexes moved in a tight trading range today and for most of the week with the S&P 500 adding 6 points over the past 5 trading sessions. I found today’s two economic data points more confusing than clarifying: There is …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 12/22/2016
ETF Data updated through Wednesday, December 22, 2016 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 …
Dow 20,000 Still In Sight
[Chart courtesy of MarketWatch.com] Moving the Markets The major indexes never managed to crawl above the unchanged line during today’s session in part caused by weakness in retailers. Stocks fell after reports that Trump’s transition team is mulling over a possible 10% tariff on imports with the Consumer Discretionaries losing over 1% for the day, their largest one-day decline since …