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 December 30, 2016
ETF Tracker StatSheet https://theetfbully.com/2016/12/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-12292016/ Market Commentary Year End Resistance [Chart courtesy of MarketWatch.com] Moving the Markets For sure, I thought there would have been a last minute attempt at reaching the much talked about 20k Dow level during this last trading week of 2016, but it did not happen. Actually, the post election momentum reversed with the S&P 500 declining …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 12/29/2016
ETF Data updated through Wednesday, December 29, 2016 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 …
Treading Water
[Chart courtesy of MarketWatch.com] Moving the Markets Quiet holiday trading took over with the major indexes vacillating slightly above and below their respective trend line without clear direction and again on low volume. The exception was gold, which finished a 5-day winning streak by adding a solid +1.59% for the day. The dollar gave back some of its recent gains …
Rally Loses Steam As The Drive For Dow 20,000 Stalls
[Chart courtesy of MarketWatch.com] Moving the Market A broad decline in the major indexes interrupted the Trump rally as bad news was, for a change, perceived to be really bad news with the culprit being a drop in home sales. It was a sharp one as pending home sales plunged to their lowest level in almost a year. This should …
Edging Up On Low Volume
[Chart courtesy of MarketWatch.com] Moving the Markets The major indexes managed to crawl higher today but hopes of the Dow taking out the 20,000 marker were dashed again with the index barely remaining above the unchanged line. For December 27th, today was the lowest volume day in over 10 years, which will most likely continue for the remainder of this …