[Chart courtesy of MarketWatch.com] Moving the markets Right after the opening bell, the Nasdaq took over and lead the major indexes via a steady ramp to a green close. The Dow barely closed to the upside, while the S&P 500 showed a decent increase, but that one paled compared to the tech sector’s chest pounding 2.51% surge. Much of this …
ETF Tracker Newsletter For July 17, 2020
ETF Tracker StatSheet You can view the latest version here. A VOLATILE WEEK ENDS TO THE UPSIDE [Chart courtesy of MarketWatch.com] Moving the markets Volatility continued today, but in the end the Dow added some 2.5% for the week, the S&P 500 gained around 1%, while the Nasdaq skidded near -1.4% and suffered its worst weekly underperformance relative to …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 07/16/2020
ETF Data updated through Thursday, July 16, 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 …
Chopping And Flopping
[Chart courtesy of MarketWatch.com] Moving the markets Yesterday’s hard-fought gains vanished in a hurry with bearish sentiment taking over by pulling the major indexes off their lofty levels right after the opening bell. We ended up off the lows but still in the red. Contributing to the drop were mixed corporate earnings and questionable econ data, as well as an …
Bouncing Higher In Choppy Trading
[Chart courtesy of MarketWatch.com] Moving the markets An early ramp ran into resistance with the major indexes pulling back sharply, and the Nasdaq dipping into the red, but a mid-session bounce pulled stocks out of the doldrums and into a green close. Today’s session was a lot choppier than yesterday’s rebound. Supporting the continued bullishness was the Fed’s account of …
Climbing Out Of A Deep Hole
[Chart courtesy of MarketWatch.com] Moving the markets While all three major indexes raced ahead and closed with solid gains, it was the Nasdaq, and to a lesser degree the S&P 500, which had to dig themselves out of a deep hole early in the session, as red numbers dominated. The late day pump came from none other than Fed Governor …