[Chart courtesy of MarketWatch.com] Moving the Markets Today it was a battle between earnings and uncertainty over Trump’s pro-business agenda. At least for today, earnings won the battle, and the major indexes rode the positive momentum higher. The materials and financial sectors fared the best climbing 2.5% and 1.2% respectively. With earnings season heating up, so far S&P profits are …
Trade Concerns Pull Equities Lower—Gold Up
[Chart courtesy of MarketWatch.com] Moving the Markets While equities started the day on a negative note, they did improve throughout the session and ended only fractionally lower. The post-election rally hit another snag as Trump’s protectionist stance on trade did nothing to soothe the bullish crowd on Wall Street. First, Trump signed paperwork to formally withdraw the US from the …
ETFs On The Cutline – Updated Through 01/20/2017
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 January 20, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/01/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-01192017/ Gold Pops As Dollar Drops [Chart courtesy of MarketWatch.com] Moving the Markets An early rally gave way to a pullback, but the major indexes managed to claw back towards the end of the session and closed up but, for the week, the S&P 500 lost modestly by surrendering 4 points. Of course, the inauguration took center …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 01/19/2017
ETF Data updated through Thursday, January 19, 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 …
Equities Fall Ahead Of Inauguration
[Chart courtesy of MarketWatch.com] Moving the Markets It was a mixed bag with upbeat economic news not being able to offset the anxiety about tomorrow’s inauguration. Besides sinking equities, bonds and gold dropped as well while the US dollar and crude oil bucked the trend and closed up. On the economic front, housing starts rose but building permits inched slightly …