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 July 21, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/07/weekly-statsheet-etf-tracker-newsletter-updated-07202017/ LOWER ON THE DAY BUT HIGHER ON THE WEEK [Chart courtesy of MarketWatch.com] Moving the Markets The major indexes, especially the Nasdaq, made a valiant effort to dig themselves out of an early hole in an attempt to conquer the unchanged line in order to keep the 10 day winning streak alive. Traders were “stunned” when …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 07/20/2017
ETF Data updated through Thursday, July 20, 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 …
Nasdaq Continues Ascent Into Record Territory
[Chart courtesy of MarketWatch.com] Moving the Markets The major indexes limped around their respective unchanged lines all day with only the Nasdaq crawling above it and in the process setting another record close (10 up days in a row). Another soft economic data point disappointed as the Philly Fed survey missed expectations and slumped to its lowest point since November …
Low Volume, No News, Markets In Record Territory
[Chart courtesy of MarketWatch.com] Moving the Markets Despite IBM being a drag on the Dow (about -47 points), and the Transportation index (IYT) stumbling for the third day in a row, its biggest drop in 2 months, all three major indexes were able to march into record territory on low volume and no earthshaking news. Helping the bullish cause were …
Netflix Pushes Nasdaq To Record Highs
[Chart courtesy of MarketWatch.com] Moving the Markets The major indexes spent most of the day below unchanged line. However, thanks to the upward bias in part caused by Netflix reaching nosebleed territory with a P/E ratio of 197, higher than Amazon’s 190, the Nasdaq set another record. Netflix surged over 13% thanks to a surprise jump in international subscriber numbers. …