ETF Tracker StatSheet https://theetfbully.com/2017/05/weekly-statsheet-etf-tracker-newsletter-updated-05042017/ TUG OF WAR: STRONG JOBS REPORT VS. FRENCH ELECTIONS [Chart courtesy of MarketWatch.com] Moving the Markets It was a tug of war as a strong jobs report battled for market direction against the uncertainty of the second and final round of the upcoming French elections. For the day, the on the surface positives of the jobs …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 05/04/2017
ETF Data updated through Thursday, May 4, 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 …
Choppy And Sloppy: Poor Macro Data; Equities Yawn; Oil Gets Spanked
[Chart courtesy of MarketWatch.com] Moving the Markets It was a choppy session with macro data serving another notice that economic conditions are weakening, a theme I have been pounding on for quite some time. Today, things started with disappointing U.S productivity, the key to a high living standard, which declined at an annual pace of 0.6% for the 1st quarter …
Looking For Direction
[Chart courtesy of MarketWatch.com] Moving the Markets It was a mixed day with the major indexes looking for a catalyst that never materialized. Equities meandered, and only the Dow managed to eke out a meager gain of +0.04%. It’s been a sideways pattern with the S&P 500 closing 2,388, 2,387, 2,388, 2,384, 2,388, 2,391 and 2,387 over the past 7 …
Dismal Economic Data: Bonds Rally; Equities Inch Up
[Chart courtesy of MarketWatch.com] Moving the Markets Economic data point releases were anything but awe inspiring with auto sales looking “less like a plateau and more like debt-fueled bubble on the verge of an epic collapse,” as ZH succinctly put it. Even hope for an April surprise ended in disappointment as OEMs did not even come close to estimates. Other …
Tech Sector Saves The Day
[Chart courtesy of MarketWatch.com] Moving the Markets While the Nasdaq and S&P 500 hovered above their respective unchanged lines all day, the Dow see-sawed and dove into the close for a slight loss. The Nasdaq was the savior with a solid +0.73% gain, but it also threw an assist to the S&P thereby helping it to close in the green. …