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 366 High Volume ETFs, defined as those with an average daily volume of more than $5 million, of …
ETF Tracker Newsletter For November 2, 2018
ETF Tracker StatSheet https://theetfbully.com/2018/11/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-11-01-2018/ Trump Saves The Day For The Bulls [Chart courtesy of MarketWatch.com] Moving the markets Sometimes you just have to laugh. The markets were in a downswing for most of the day mainly as a result of two events. First, Apple’s earnings report card, while not bad, disappointed with especially their forward guidance not being very encouraging …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 11/01/2018
ETF Data updated through Thursday, November 1, 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 …
Bouncing into November
[Chart courtesy of MarketWatch.com] Moving the markets Continued hope for a trade resolution with China provided the assist the markets needed to score another winning session, it’s first 3-day win streak in six weeks. Also hope that Apples’ afterhours earnings report would be a blow-out event contributed to the upward thrust. The overall positive tone from the US and China …
Ending Red October On A High Note
[Chart courtesy of MarketWatch.com] Moving the markets It truly was an ugly October, despite the hopeful rebound during the past couple of days, which left many traders wondering “are we there yet?” meaning “is the bottom in?” While the answer is elusive, some analysts point to tomorrow as being a make-or-break kind of day. Why? As I mentioned before, the …
Finally: A Rebound With Staying Power
[Chart courtesy of MarketWatch.com] Moving the markets Despite today turning into another roller-coaster ride, with the S&P 500 crossing its unchanged line seven times, the bulls prevailed in the end by pushing the major indexes higher during a last hour attack. For sure, with the brutal selling spree of the past few weeks on traders’ minds, it was about time …