ETF Data updated through Thursday, August 16, 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 …
Hope Of Trade Talk Resumptions Powers Markets
[Chart courtesy of MarketWatch.com] Moving the markets It didn’t take much to get the markets going after yesterday’s drubbing and the see-saw action we’ve seen over the past week. Strong earnings from Walmart and Cisco set the tone early on, and reports of a resumption of US/China trade talks next week provided the ammo to push the major indexes up …
Turkey Turmoil Returns; A-Dead-Cat Bounce Dies
[Chart courtesy of MarketWatch.com] Moving the markets I felt that yesterday’s rebound had the smell of a dead-cat-bounce and, based on today’s carnage, that seems to have been accurate—at least for the time being. Despite assurances to the opposite, the “C” word, as in contagion, was suddenly on investors’ minds, as concerns about Turkey’s currency crisis and US/China trade tensions …
Shaking Off The Turkish Crisis; Equities Rebound
[Chart courtesy of MarketWatch.com] Moving the markets For sure, the Turkish crisis has not been resolved, but it merely paused, as the emerging markets’ exchange rates rallied and had their best day in 3 weeks as this chart shows. ZH commented: Of course, all eyes were on the Lira as it rallied back up to unchanged from Friday’s close… After its …
Turmoil in Turkey Troubles Markets
[Chart courtesy of MarketWatch.com] Moving the markets Despite the US not having much direct financial exposure in Turley, its ongoing troubles did stop investors in their tracks. That simply means risk assets, such as equities, fell out of favor today, and the major indexes headed south wiping out some early gains and ending in the red. After all, no direct …
ETFs On The Cutline – Updated Through 08/10/2018
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 ETFs, defined as those with an average daily volume of more than $5 million, …