ETF Tracker StatSheet https://theetfbully.com/2018/10/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-10-11-2018/ ENDING THE WEEK WITH PUMP, DUMP AND PUMP [Chart courtesy of MarketWatch.com] Moving the markets Today turned into another wild ride with the major indexes rebounding, then dropping, with the Dow turning negative after an early 400-point gain, after which buyers stepped in to pull equities out of the doldrums. In the end, we saw one …
Battling For A Comeback—And Failing—Domestic TTI Confirms “Sell” Signal
[Chart courtesy of MarketWatch.com] Moving the markets A meager attempt of an early bounce was rebuffed, and the major indexes continued to head south towards bear market territory. I pondered yesterday whether the sell-off was overdone and might produce a quick rebound, or whether we were heading much lower and ending this bullish cycle. The latter transpired as bouts of …
Markets Plummet as Red October Rattles Investors; International TTI Generates “Sell” Signal; Domestic TTI Settles Within Striking Distance
[Chart courtesy of MarketWatch.com] Moving the markets A slow deterioration of equity prices, which started last week, accelerated today with the broad markets plummeting, as the chart above shows. There was simply no place to hide and those investors, counting on the bond portion of their portfolios for safety, were disappointed as the 20-year bond ETF (TLT) dropped in sympathy …
Extending The Losing Streak
[Chart courtesy of MarketWatch.com] Moving the markets The major indexes tried to get out of their foul mood by staging an early rally, which was rebuffed with the trend for the session being predominantly sideways. The S&P 500 not only extended its losing streak for the fourth day, but also bounced around its 50-day M/A leaving …
Digging A Hole And Climbing Out Of It
[Chart courtesy of MarketWatch.com] Moving the markets The markets dug a deep hole early in the session only to stage a solid rebound mid-day with the Dow managing to crawl back above the unchanged line, while the S&P fell just short, but the Nasdaq clearly remained in the red by -0.67%. As a result, the Dow has now outperformed the …
ETF Tracker Newsletter For October 5, 2018
ETF Tracker StatSheet https://theetfbully.com/2018/10/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-10-04-2018/ SPIKING YIELDS = HEADWIND FOR EQUITIES [Chart courtesy of MarketWatch.com] Moving the markets Summing up the week best, was ZH with this final tally: Unemployment Rate at 49-year lows US Stocks – worst 2-day drop since May Small Caps, Nasdaq – biggest weekly drop in 7 months Small Caps – biggest 5-week drop since Nov 2016 …