ETF Tracker StatSheet You can view the latest version here. A STRONG WEEK ENDS WITH A WHIMPER [Chart courtesy of MarketWatch.com] Moving the markets Market weakness finally showed up, which snapped a four-day winning streak, with a stronger than expected jobs report failing to keep the bullish momentum going. It appeared that the effects of the coronavirus took centerstage …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 02/06/2020
ETF Data updated through Thursday, February 6, 2020 Methodology/Use of this StatSheet: 1. 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. 2. Trend Tracking Indexes (TTIs) Buy or Sell decisions for Domestic and International …
The Bullish Beat Goes On
[Chart courtesy of MarketWatch.com] Moving the markets At least for the moment, it seems that nothing can disrupt this running bull market, even though, the cause of last week’s rut, namely the coronavirus, is far from being contained. Sentiment, that stepped-up containment efforts, along with work towards new vaccines, may mitigate any negative economic impacts, was the bullish driver that …
Euphoria Is Back
[Chart courtesy of MarketWatch.com] Moving the markets The stimulus effort by the People’s Bank of China to combat the economic impact of the coronavirus set a positive tone for world markets early on, with the domestic ones opening sharply higher aided by another short squeeze. It was simply a matter of investors gaining confidence in that central bankers will take …
Optimism Reigns
[Chart courtesy of MarketWatch.com] Moving the markets After Friday’s drubbing, and in view of China’s stock market getting clobbered at the tune of some -8%, domestic equities jumped right after the opening bell. While the latter part of the session was flat, the major indexes made up some lost ground in part thanks to optimism that the coronavirus will be …
ETF Tracker Newsletter For January 31, 2020
ETF Tracker StatSheet You can view the latest version here. SLAMMED BY THE VIRUS [Chart courtesy of MarketWatch.com] Moving the markets Even Amazon’s strong quarterly results, and its subsequent 9% jump in stock price, could not stem the slide, as the ongoing coronavirus epidemic continued full force, with travel and trade disruptions now becoming a more real threat to …