Dumping Big And Pumping Bigger

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[Chart courtesy of MarketWatch.com] Moving the markets The futures markets last night indicated bullish momentum and a positive beginning in the cash markets. That turned out to be a head fake, as the major indexes collapsed after the opening with the Dow being down some 1,000 points during the session. I took the opportunity to lighten up on some of …

Standing At The Edge Of A Domestic “Sell” Signal

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ETF Tracker StatSheet           You can view the latest version here. [Chart courtesy of MarketWatch.com] Moving the markets It was a wild and whacky holiday shortened week that sent the markets stumbling. The first 3 trading days featured identical results in that early bounces turned into late session trounces, as the major indexes got spanked much to the delight of …

Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 01/20/2022

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ETF Data updated through Thursday, January 20, 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 …

Surrendering Early Gains And Diving Into The Close

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[Chart courtesy of MarketWatch.com] Moving the markets A solid early bounce in the major indexes hit the skids, found upward impetus for a second time but then lost momentum with all three major indexes doing their best imitation of a swan dive by closing at the lows of the day. It turned into another disappointing day for the dip buyers, …

ETF Tracker Newsletter For January 14, 2022

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ETF Tracker StatSheet           You can view the latest version here. DIRECTIONLESS WAVERING [Chart courtesy of MarketWatch.com] Moving the markets Other than during two strong up days, namely Tuesday and Wednesday, the markets meandered aimlessly and ended the week with a loss, although a modest one, with the S&P 500 surrendering 0.30%. Despite expectations to the contrary, the earnings season …