ETF Tracker StatSheet You can view the latest version here. SLOW AND STEADY [Chart courtesy of MarketWatch.com] Moving the markets The major indexes continued their upward trend, slow and steady, as we’ve seen all week, which is preferable over fast and furious moves followed by quick and sharp corrections. Today’s melt up was in part caused by quadruple …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 12/19/2019
ETF Data updated through Thursday, December 19, 2019 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 …
Up, Up And Away…
[Chart courtesy of MarketWatch.com] Moving the markets The major indexes set new closing records, unimpressed by the ongoing impeachment saga, the result of which has been simply brushed aside. Market concerns are virtually non-existent, since the Republican-controlled Senate will be the final judge with expectations being that they will vote against having Trump removed from office. In other words, from …
Taking An Intra-Day Stroll In Record Territory
[Chart courtesy of MarketWatch.com] Moving the markets The markets started this Wednesday by inching higher with traders looking to keep a 5-day winning streak alive. Supporting this optimism was the firm belief that the preliminary US-China trade agreement was a done deal, despite some nervousness as to when it would be signed. However, the lack of news to the contrary, …
Drifting Higher
[Chart courtesy of MarketWatch.com] Moving the markets The major indexes opened to the upside, pulled back but managed to bounce around the remainder of the session and, in the end, eked out another green close, although a small one. The main supporting cast today included positive economic data with manufacturing rebounding and single-family building permits reaching a 12-year high. Job …
Continued Trade Optimism Stimulates Markets
[Chart courtesy of MarketWatch.com] Moving the markets The markets continued their bullish ways into a new week with the supporting actor being the upbeat mood caused by last week’s preliminary trade deal between the US and China. Despite of all the hysteria, many questions remain over the details of the much-hyped “phase one” accord. The Chinese were pleased, because it …