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 February 10, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/02/weekly-statsheet-etf-tracker-newsletter-updated-02092017/ Trump’s Tax Talk Boosts Markets [Chart courtesy of MarketWatch.com] Moving the Markets Yesterday’s theme of renewed optimism caused by Trump’s tax talk continued through today’s session with the major indexes rising to all-time closing highs, although the gains were less than the day before. The only fly in the ointment was that volumes have decreasing as …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 02/09/2017
ETF Data updated through Thursday, February 9, 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 …
One Promise Drives Major Indexes To Record Highs
[Chart courtesy of MarketWatch.com] Moving the Markets The stagnated rally of the past few days, during which Wall Street was looking for more details about Trump’s agenda, was revived today when he stepped up to the plate and said that “he would make a major tax announcement in a few weeks.” He also added that “lowering the overall tax burden …
Eking Out A Small Gain
[Chart courtesy of MarketWatch.com] Moving the Markets Mixed earnings and slipping bank stocks put a damper on the major indexes, which started the session below the unchanged line. This would normally be the time in the quarter where earnings are front and center, but not this time; the rally has stagnated recently, as Wall Street prefers to look for more …
Hawkish Comment Equals Uncertainty
[Chart courtesy of MarketWatch.com] Moving the Markets An early euphoric bounce, which pushed the Dow and Nasdaq to new intra-day highs faded and then took a nose-dive below the unchanged line before recovering slightly into the close. The morning strength was caused by the US dollar rallying sharply as hawkish comments from one of the Fed’s mouthpieces indicated that “March …