[Chart courtesy of MarketWatch.com] Moving the markets Sometimes you just simply must step back and watch in awe how current markets trade like a penny stock when it comes to volatility. Yesterday, equities were simply spanked all day, which continued this morning as the Dow sank some 200 points and bounced around below its unchanged line. A sudden burst of …
Bubble Meets Trouble
[Chart courtesy of MarketWatch.com] Moving the markets I noted my surprise on Friday that equities had not been more negatively affected by the geopolitical events, but that notion seemed to have changed today. One look at the S&P 500 chart above tells the story that the bears ruled supreme and, at least for the time being, won the tug-of-war against …
ETF Tracker Newsletter For March 4, 2022
ETF Tracker StatSheet You can view the latest version here. FADING INTO THE WEEKEND [Chart courtesy of MarketWatch.com] Moving the markets Even a better-than-expected jobs report (678k gained vs. expectations of 423k) was not enough to compete with the negative overhang of the geopolitical environment, as the Russia-Ukraine skirmish continued unabated, despite encouraging attempts on both sides to schedule …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 03/03/2022
ETF Data updated through Thursday, March 3, 2022 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 …
Bounce-Back Wednesday
[Chart courtesy of MarketWatch.com] Moving the markets The bulls tried to shake off the effects of the Ukraine-Russia confrontation and managed to squeeze out a rebound, despite surging oil and commodity prices. While the major indexes recovered yesterday’s losses, today’s action had the smell of a dead cat bounce. Sure, there were several verbal assists helping market sentiment starting with …
A Puke-A-Thon For Equities
[Chart courtesy of MarketWatch.com] Moving the markets As the Russia-Ukraine conflict spreads and intensifies, it should come as no surprise that equities eventually would be affected negatively. We have seen some late session comeback attempts, but current geopolitical conditions may make it very difficult to continue these efforts. The reality, that sanctioning others may have a boomerang effect came into …