[Chart courtesy of MarketWatch.com] Moving the Markets Equities were not able to overcome the spanking that took place in oil patch and energy sector with oil touching the $42 handle and tumbling to the lowest level since last November. The transportation sector was affected as well with IYT sinking -1.73% and Natural Resources IGE dropping -1.41%. The Financials (IYF) headed …
Valuation Worries Persist But S&P And Dow Hit Record Highs
[Chart courtesy of MarketWatch.com] Moving the Markets There was no hesitation nor looking back as the major indexes headed north right after the opening bell. The Dow and S&P scored new record highs while the Nasdaq rebounded solidly after last week’s weakness. The tech sector, as represented by XLK, added 1.5%, which was its biggest one-day gain since last December. …
One Man’s Opinion: Banks are becoming less safe. Again.
By Simon Black What I’m about to tell you isn’t some wild conspiracy. Or fake news. It’s raw fact, based on publicly available data from the US Federal Reserve. This data shows a very simple but concerning trend: banks in the United States are becoming less safe. Again. And they’re doing it on purpose. Again. Few people ever give much …
ETFs On The Cutline – Updated Through 06/09/2017
Below please find the latest High Volume ETFs 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 …
ETF Tracker Newsletter For June 16, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/06/weekly-statsheet-etf-tracker-newsletter-updated-06152017/ AMAZON SLAMS STOCKS BUT MAJOR INDEXES RECOVER [Chart courtesy of MarketWatch.com] Moving the Markets Several events kept the indexes in roller coaster mode. For one, it was quadruple options expiration day, which always tends to add volatility to an otherwise complacent market. That fact got shoved into the background as Amazon announced its acquisition of Whole …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 06/15/2017
ETF Data updated through Thursday, June 15, 2017 Methodology/Use of this StatSheet: 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. Trend Tracking Indexes (TTIs) Buy or Sell decisions for Domestic and International ETFs (section …