[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks retreated a bit from last week’s record closes on the heels of an alleged strong jobs report. Equities, which had been stuck in a holding pattern after hitting fresh highs in late July, rallied Friday after the government reported that a better-than-expected 255,000 jobs were created in July. It was the second straight month …
ETFs On The Cutline – Updated Through 08/05/2016
Below please find the latest High Volume ETF 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 367 High Volume ETFs ETFs, defined as those with an average daily volume >$5 million, of which …
ETF Tracker Newsletter For August 5, 2016
ETF Tracker StatSheet ————————————————————- https://theetfbully.com/2016/08/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-08042016/ ———————————————————— Market Commentary ALGOS PLAY HEADLINE HOCKEY WITH JOBS NUMBERS [Chart courtesy of MarketWatch.com] 1. Moving the Markets On the surface, the jobs report was awesome as payrolls rose by 255,000 month over month compared to an expected 180,000 gain. June was revised upwards from 287,000 to 292,000 with the total upward revision for May …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 08/04/2016
ETF Data updated through Thursday, July 21, 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 …
Mixed And Choppy
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Swinging aimlessly above and below the unchanged line was the theme of the day for the major indexes despite oil shifting into high gear again by gaining 2.3%. There was obvious caution ahead of tomorrow’s Labor report but Treasuries were higher as jobless claims rose while factory orders dropped. Both, the US …
Indexes Make An About Face; Tesla Dissapoints
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks turned the boat around today, which entailed the Dow snapping a seven-session losing streak. The market had lost momentum over the past week, as shares have been weighed down by a fourth straight quarter of negative profit growth for the S&P 500, above-average valuations and a renewed dip in oil prices. …