[Chart courtesy of MarketWatch.com] Moving the markets World markets joined in unison by selling off with weekend news about the coronavirus continuing worries that global economies will not escape unscathed and take a hit of unknown proportions. Sure, news media and markets tend to overreact, but the negative virus effects can’t be denied, as the struggle with containment policies and …
ETFs On The Cutline – Updated Through 02/21/2020
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 322 High Volume ETFs, defined as those with an average daily volume of more than $5 million, of …
ETF Tracker Newsletter For February 21, 2020
ETF Tracker StatSheet You can view the latest version here. SLIDING INTO THE WEEKEND [Chart courtesy of MarketWatch.com] Moving the markets More downside momentum emerged this morning, as the coronavirus fallout continues with traders finally realizing that consumer and producer sentiment has been crippled, and that even the almighty the Fed can’t just simply reboot things by printing a …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 02/20/2020
ETF Data updated through Thursday, February 20, 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 …
Comeback Wednesday
[Chart courtesy of MarketWatch.com] Moving the markets With the effects of the coronavirus on everyone’s mind, China felt obliged to assure the world that it will take measures to help virus-stricken businesses by identifying weak links in supply chains. That was enough to get a rebound started with the S&P 500 and Nasdaq promptly scoring new intra-day all-time highs. At …
Apple Rattles Wall Street
[Chart courtesy of MarketWatch.com] Moving the markets Powerhouse Apple Inc. pulled the plug on Wall Street this morning, after announcing that its second quarter results may be impacted by the virus outbreak in China. This in turn stoked fears again that any potential interruptions of supply chains will have far-reaching consequences not just for worldwide economies but also the financial …