[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks, which have entered a difficult and more volatile stretch in recent sessions, were rebounding today despite lower-than-expected retail sales last month and continued concerns about whether central bank policy will become less market-friendly. The Dow is being helped by another rally in shares of iPhone maker Apple (AAPL), which are …
Sloppy Wednesday; Bayer To Acquire Monsanto
[Chart courtesy of MarketWatch.com] 1. Moving the Markets After early gains, U.S. stocks ended mixed following a steep drop Tuesday and a three-session bout of heightened volatility sparked by fears of rising interest rates. Investors have been jittery of late. Worries include fears that higher interest rates will hurt the economy, overvalued stock prices and continued uncertainty over the presidential …
The Morning After A Dead Cat Bounce
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Today’s pullback certainly made yesterday’s rebound look like a dead cat bounce. Of course, you can never be sure but stocks shifted into reverse today falling sharply led by lower oil prices and weak financials. Despite Fed officials taking a more dovish stance, there appears to be a heightened level of insecurity …
Rebounding Off The Friday Lows
[Chart courtesy of MarketWatch.com] 1. Moving the Markets On Friday, I mentioned that the Fed might attempt to talk this market back up after the sharp and sudden pullback. As if on cue, three Fed govs, namely Brainard, Lockhart and Kashkari, used various venues to opine the predominantly dovish message that a rate hike might not be compelling. That’s all …
One Man’s Opinion: Investors Are Sticking With Pavlov’s Dog Until Everything Breaks
By Zero Hedge Remember when “bad news is good news” first leapt into common parlance? At first it was used as a way to describe the reaction function of Fed policy-makers. It was taken as a cute turn of phrase in encapsulating the state of the world. Over time, as Bloomberg’s Richard Breslow explains, it’s morphed into an ugly and …
ETFs On The Cutline – Updated Through 09/10/2016
Below please find the latest High Volume ETF Cutline report, which shows how far above or below their respective long-term trend lines (39 week SMA) my currently tracked ETFs are positioned. This report covers the HV ETF Master List from Thursday’s StatSheet and includes 366 High Volume ETFs ETFs, defined as those with an average daily volume of more than …