ETF Tracker StatSheet https://theetfbully.com/2018/06/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-06-28-2018/ GAINING FOR THE DAY, LOSING FOR THE WEEK AND CLOSING MIXED YTD [Chart courtesy of MarketWatch.com] Moving the markets An early rally flamed out as money managers squeezed in some quarter-ending window dressing causing volatility to the up- and downside, as the major indexes barely edged out some green numbers. With the first half of 2018 …
Financials And Tech Show Strength; International “Sell” Signal Confirmed
[Chart courtesy of MarketWatch.com] Moving the markets Another slow start followed by a bounce back, which had legs for a change, gave the major indexes a victory session, although a modest one. Whether this was just another dead-cat bounce remains to be seen, but bullish momentum was not overwhelming thereby confirming our Domestic “Sell” signal affecting “broadly diversified international equity …
From Feast To Famine: A Dead-Cat Bounce Dies
[Chart courtesy of MarketWatch.com] Moving the markets Follow through momentum from yesterday’s modest rebound ran into a brick wall mid-day, the bears took over and down we went with the major indexes diving decisively into the red and closing at the lowest level of June. It sure looked like an early dead-cat bounce died suddenly and selling accelerated, as sentiment …
Trade Uncertainty Remains; Indexes Rebound Modestly
[Chart courtesy of MarketWatch.com] Moving the markets After Monday’s brutal sell-off, the major indexes managed to halt the bearish momentum by staging a modest rebound that peaked mid-day and then faded into the close. However, we ended the day with modest gains as cautious sentiment over trade policy remained on traders’ minds. To me, the session had the feel of …
More Trade Threats Rattle Markets; International TTI Moves Into Bear Market Territory
[Chart courtesy of MarketWatch.com] Moving the markets The trade war rhetoric continued unabated with the Chinese President now vowing that “no more turning the other cheek” was the new mantra. Equity markets finally got the hint that many things could change for the worse when it comes to global trading, and that there may be more losers than winners, contrary …
ETF Tracker Newsletter For June 22, 2018
ETF Tracker StatSheet https://theetfbully.com/2018/06/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-06-21-2018/ TRADE JITTERS PULL MAJOR INDEXES DOWN FOR THE WEEK [Chart courtesy of MarketWatch.com] Moving the markets The markets staged a nice rebound today with the Dow snapping its 8-session drop, but weakness occurred late in the day with the indexes diving into the close, and the Nasdaq ending in the red. The international ETFs recuperated, thereby …