[Chart courtesy of MarketWatch.com] 1. Moving the Markets Disappointing corporate reports put the major indexes into negative territory right out of the gate and things went south from there. Those living by the old “chiseled-in-stone” rule that bonds will rally if stocks sell off have to do some rethinking if that meme really still holds true when considering the amount …
Energy Sector Pulls Up Wall Street
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The major indexes headed higher as energy shares and oil prices proved to be the catalyst to drive the markets. Helping the advance were polls allegedly showing that Hillary Clinton’s lead over Trump widened, at least that’s what MSM was heavily promoting. Clinton’s views are well known and considered to be positive …
ETFs On The Cutline – Updated Through 10/07/2016
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 October 7, 2016
ETF Tracker StatSheet ————————————————————- https://theetfbully.com/2016/10/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-10062016/ ———————————————————— Market Commentary SUBDUED JOBS REPORT IS A NON-EVENT [Chart courtesy of MarketWatch.com] 1. Moving the Markets Reaction to the September jobs report was subdued at best as the print came in at a gain of 156k, which was weaker than expected. The theme was the same as in previous months in that part-time jobs …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 10/06/2016
ETF Data updated through Thursday, October 6, 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 …
Uncertainty Reigns In Anticipation Of Jobs Report
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The markets were definitely mired in uncertainty, as an early sell-off reversed and pulled the major indexes back up close to the unchanged line. As the chart above shows, the S&P traded within a 2 point range for some 4 hours all in anticipation of tomorrow’s jobs numbers. Traders hope that they …