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 November 23, 2018
ETF Tracker StatSheet https://theetfbully.com/2018/11/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-11-21-2018/ THE WORST THANKSGIVING WEEK IN 7 YEARS [Chart courtesy of MarketWatch.com] Moving the markets Despite an early rally attempt based on hope that “black Friday” would do wonders for the retail sector, the gains could not be sustained, and the major indexes plunged into the close during this Holiday shortened session. In the end, things continued …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 11/21/2018
ETF Data updated through Wednesday, November 21, 2018 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 …
A Hopeful Bounce Bites The Dust
[Chart courtesy of MarketWatch.com] Moving the markets With the Dow having lost about 950 points over the past 2 days, it was time for the major indexes to bounce back, at least for one session, in order to recapture some of the ugly losses. That attempt turned into a head fake as, late in the day, momentum reversed with the …
Ugly Losses Continue With Apple Getting Spanked
[Chart courtesy of MarketWatch.com] Moving the markets If you had expected a bounce after yesterday’s drubbing, you would have been wrong. This morning’s opening happened deeply in the red with the Dow being down some 600 points, a level from which it rebounded only to visit the -640 level later in the session. While the major indexes managed to crawl …
Bearish Thoughts
[Chart courtesy of MarketWatch.com] Moving the markets Over the weekend, I read a couple of articles outlining the ongoing progress, or rather lack thereof, with the China trade talks, which took on a new dimension during the Asia-Pacific Economic Cooperation (APEC) summit. We’ve witnessed Trump and Xi go at it for several months now, but VP Pence decided more was …