ETF Tracker StatSheet You can view the latest version here. A DOWN WEEK ENDS IN THE GREEN [Chart courtesy of MarketWatch.com] Moving the markets Another rollercoaster day, which had equities tumbling into the red after the opening bell but, as if by magic, an afternoon ramp pushed major indexes back to a green close. Nevertheless, we saw their worst …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 05/14/2020
ETF Data updated through Thursday, May 14, 2020 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 Thursday
[Chart courtesy of MarketWatch.com] Moving the markets The Dow managed to recover from a sharp opening tumble of some 400 points to reverse and close higher by 377 points, which makes this an intra-day range of almost 800 points. The other two major indexes followed a similar pattern but lagged in magnitude and performance. That means we’re back to where …
Slumping And Dumping
[Chart courtesy of MarketWatch.com] Moving the markets An early market slump turned into a full-blown dump, as it appeared that the major indexes were struck by a dose of reality and, for a change, the headline scanning computer algos interpreted bad news as bad news. Even though we saw a last 30-minute pump, it only reduced the amount of damage …
A Rally Morphs Into A Swan Dive
[Chart courtesy of MarketWatch.com] Moving the markets An early rally ran into trouble, reversed, accelerated, and got slammed down with the Dow dropping some 450 points, or -1.9%, with the other two major indexes scoring slightly worse. The initial bounce was a result of positive interpretations of the partial reopening of the economy, despite many facts pointing to a disappointing …
Going Nowhere
[Chart courtesy of MarketWatch.com] Moving the markets An early drop was followed by a mid-day pop, then momentum faded, and the Dow dove back into the red. The S&P 500 ended just about unchanged, but the Nasdaq ruled and closed in the green despite a total collapse in earnings. It appears that early optimism about the step-by-step re-opening of the …