ETF Data updated through Thursday, February 25, 2021 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 …
Bond Yields Jump And Markets Dump
[Chart courtesy of MarketWatch.com] Moving the markets I have repeatedly pointed to rising bond yields as being the big equalizer that could affect equities negatively, and that’s what happened today. For the past 2 trading days, it was the Fed & Co. issuing well placed statements thereby assisting the major indexes to overcome early bearishness. Where was the Fed head …
A Fed Assisted Bounce-Back
[Chart courtesy of MarketWatch.com] Moving the markets An early market dump received an unexpected assist, which turned into a big intraday comeback. Unlike yesterday, when Fed head Powell uttered some soothing remarks to pull equities out of a deep hole, today, the torch was passed. It was none other than Fed Gov Lael Brainard who took center stage first and …
Another Climb Out Of A Deep Hole
[Chart courtesy of MarketWatch.com] Moving the markets For the past few trading sessions, it seems like I am saying the same thing every day: A positive tone in overnight trading followed by a slam down at the opening. Today was no exception, but the major indexes managed a nice comeback with only the Nasdaq remaining down by -0.50% at the …
Battling For The Unchanged Line
[Chart courtesy of MarketWatch.com] Moving the markets Despite a bullish theme in last night’s futures session, the regular one saw the bears take over, and the major indexes opened to the downside, just as we’ve seen recently. The remainder of the trading day was spent climbing out of that early hole with only the Dow managing to get back to …
ETF Tracker Newsletter For February 19, 2021
ETF Tracker StatSheet You can view the latest version here. AN EARLY RALLY BITES THE DUST—AGAIN [Chart courtesy of MarketWatch.com] Moving the markets Today resembled just how the week went for the major indexes. Early rallies lost steam, and this session was no exception, with the indexes ending the day at their respective unchanged lines. Overall, the pullback was …