[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 …
Finishing In The Red
[Chart courtesy of MarketWatch.com] Moving the Markets The major indexes pulled back for a change as volume and the hunt for Dow 20,000 slowed down ahead of the Christmas Holiday. Healthcare and real estate were the primary losers today. Banking stocks in Europe round-tripped this morning as the shares of Italy’s problem child, Monte Paschi, crashed, soared and plunged again …
Almost Reaching Dow 20,000
[Chart courtesy of MarketWatch.com] Moving the Markets The recklessness and utter abandon with which the markets have been rallying, since the election, is simply astounding. Caution, risk aversion or view of economic fundamentals do either not exist or are simply ignored. It is financial engineering combined with market manipulation at its finest. Such was the case again today as the …
Edging Higher On A Tumultuous Day
[Chart courtesy of MarketWatch.com] Moving the Markets It was a reluctant rally with investors being hesitant considering that the major indexes were still hovering near all-time highs; bond markets finally managed to stage a modest recovery after the drubbing of the past few weeks. Not helping matters were reports from Germany that a truck ran into a crowded Christmas market …
ETFs On The Cutline – Updated Through 12/16/2016
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 16, 2016
ETF Tracker StatSheet https://theetfbully.com/2016/12/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-12152016/ Market Commentary Coming Off The Pre-Fed Higs [Chart courtesy of MarketWatch.com] Moving the Markets Equities slipped today as upward momentum started to wane after Tuesday’s pre-Fed rally. For the week, the S&P 500 gave back 2 points, which makes it just about an unchanged performance. Today’s weakness was the result of several events. On the economic …