ETFs On The Cutline – Updated Through 04/10/2026

Ulli ETFs on the Cutline Contact

Do you want to know which ETFs are hot and which ones are not? Then you need my High-Volume ETF Cutline report. It tells you how close or far each of the 311 ETFs I follow is from its long-term trend line (39-week SMA). These are the ETFs that trade more than $5 million a day, so they are not some obscure funds that nobody cares about.

The report is split into two parts: The winners that are above their trend line (%M/A), and the losers that are below it. The yellow line is the line of shame that separates them. You can see how many ETFs are in each group and how they have changed since the last report (111 vs. 220 current).

Take a peek:

The HV ETF Master Cutline Report

If you are confused by some of the terms we use, don’t panic. I have a helpful Glossary of Terms for you.

If you want to learn more about the Cutline method and how it can make you rich (or at least less poor), read my original post here.

ETF Tracker Newsletter For April 10, 2026

Ulli ETF Tracker Contact

ETF Tracker StatSheet          

You can view the latest version here.

OIL STEADY, DOLLAR WEAK – SOLID WEEK DESPITE WAR NOISE

[Chart courtesy of MarketWatch.com]

  1. Moving the market

Stocks started the day with a slight bounce, putting the major indexes on track for a solid weekly gain as traders kept one eye on the fragile two-week ceasefire between the U.S. and Iran.

Inflation was a big focus this week, with the March CPI coming in mostly as expected — headline up 0.9% for the month and 3.3% year-over-year (helped by a big 10.9% jump in energy costs from the conflict). Core CPI (without food and energy) was actually tame at 0.2% MoM and 2.6% YoY, below forecasts.

Oil prices stayed elevated but were relatively calm today, with West Texas Intermediate hovering above $98 a barrel. The ceasefire has helped ease some immediate supply panic around the Strait of Hormuz.

In the end, only the Nasdaq managed to hold onto a small green close, while the Dow and S&P 500 slipped modestly into the red.

Growth signals improved relative to inflation fears, with the Nasdaq and small caps testing back into positive territory since the war began, though the Dow lagged. The Mag 7 showed some life but still underperformed the broader S&P 493 for the week.

Bond yields were mixed after a roller-coaster ride, the dollar fell for the seventh time in eight days (its biggest weekly decline since “Liberation Day”), gold rallied for the third straight week (up over 18% from the lows), and Bitcoin had a strong week — up 6 of the last 7 days and hitting its highest level since mid-March.

Let’s see what the weekend brings — with the ceasefire still fragile, anything can happen. Will traders stay optimistic heading into next week, or will fresh headlines stir things up again?

Read More

Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 04/09/2026

Ulli ETF StatSheet Contact

ETF Data updated through Thursday, April 9, 2026

How to use this StatSheet:

  1. Out of the 1,800+ ETFs out there, I only pick the ones that trade over $5 million per day (HV ETFs), so you don’t get stuck with a lemon that nobody wants to buy or sell.
  1. Trend Tracking Indexes (TTIs)

These are the main indicators that tell you when to buy or sell Domestic and International ETFs (section 1 and 2). They do that by comparing their position to their long-term M/A (Moving Average). If they cross above, and stay there, it’s a green light to buy. If they fall below, and keep going, it’s a red light to sell. And to make sure you don’t lose your shirt if things go south, I also use a 12% trailing stop loss on all positions in these categories.

  1. All other investment areas don’t have a TTI and should be traded based on the position of each ETF relative to its own trend line (%M/A). That’s why I call them “Selective Buy.” In other words, if an ETF goes above its own trend line, you can buy it. But don’t forget to use a trailing sell stop of 12%, or less if you’re feeling nervous.

If some of these words sound like Greek to you, please check out the Glossary of Terms and new subscriber information in section 9.

  1. DOMESTIC EQUITY ETFs: BUY— effective 5/20/2025

Click on chart to enlarge

This is our main compass, the Domestic Trend Tracking Index (TTI-green line in the above chart). It has broken above its long-term trend line (red) by +4.18% and remains in “Buy” mode, with our holdings being subject to our trailing sell stops.

Read More

From Early Dip to Solid Green Close – Markets Shake Off War Jitters

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com]

  1. Moving the market

The major indexes dipped early but quickly found their footing and closed with solid green gains. The rebound was helped by easing oil prices and ongoing monitoring of the U.S.-Iran ceasefire situation.

West Texas Intermediate crude eased back after briefly topping $100 a barrel, while traders digested the details of the two-week “double-sided” ceasefire.

The deal hinges on Iran reopening the Strait of Hormuz, which Tehran has agreed to for the next two weeks if attacks stop. President Trump has said U.S. forces will stay in the region until full compliance, warning of a massive response if the agreement is broken.

On the economic front, February’s core PCE inflation (the Fed’s favorite gauge) came in right in line with expectations, and other data showed a mixed but not disastrous picture. That helped ease some stagflation fears and supported the positive mood.

The S&P 500 notched its seventh straight winning day, with small caps and broader participation looking healthy. The Mag 7 also showed some life again.

Bond yields ended unchanged, the dollar dipped, Bitcoin climbed back above $72K, and gold advanced, briefly hitting $4,800 before fading into the close.

Longer term, the war has accelerated a notable shift: central banks now hold more gold than U.S. dollar reserves for the first time, highlighting growing distrust in the dollar.

Read More

Indexes Reclaim 200-DMAs – Gold & Bitcoin Join The Party

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com]

  1. Moving the market

Stocks jumped this morning after President Trump announced he was suspending attacks on Iran for two weeks, pausing a five-week conflict that had closed the Strait of Hormuz and sent markets reeling.

West Texas Intermediate crude futures tumbled more than 17% to $93.42 a barrel following the news.

Trump posted on Truth Social that he agreed to the pause after receiving a “10-point proposal” from Iran, calling it a workable basis for negotiations. The ceasefire is contingent on Iran reopening the Strait of Hormuz, and both Israel and Iran have signaled agreement for now.

The initial euphoria lifted the major indexes, and despite some fading later in the day due to lingering uncertainty, they closed with solid green gains. All three reclaimed their 200-day moving averages, which is a technically positive development.

Bond yields ended unchanged, the dollar tumbled, gold surged back above $4,850 before slipping to $4,750 at the close, and Bitcoin gushed toward $73K before fading but still finished nicely higher than its pre-war levels around $65K.

Euphoria reigned for much of the day, but the fog of war is still thick. If this turns out to be just a temporary pause with more fighting ahead, we could easily give back today’s gains and then some.

Read More

Early Red Turns Green – Trump Deadline Looms Large

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com]

  1. Moving the market

The major indexes started the day in the red as President Trump’s deadline for Iran to reopen the Strait of Hormuz loomed large, with hopes for a quick agreement fading fast.

Trump’s latest Truth Social post added to the drama, warning that “a whole civilization will die tonight, never to be brought back again” if no deal is reached, though he left a small door open for a “revolutionarily wonderful” outcome if cooler heads prevail.

In the end, the S&P 500 and Nasdaq managed to climb out of their early hole and closed slightly in the green, while the Dow fell just short of flat.

Oil was extremely volatile, reacting to every headline and comment, and the Mag 7 lagged the rest of the S&P 493 again, with Apple weighing on the group after negative news about its foldable phone.

Bond yields retreated in the afternoon as oil eased, the dollar tumbled, gold treaded water most of the day but eked out a 1% gain on late peace-talk optimism, and Bitcoin sank to $67K before bouncing off that level.

Who knows what’s next—all that really matters is what happens (or doesn’t happen) after the 8 p.m. ET deadline tonight.

Read More