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 February 8, 2019
ETF Tracker StatSheet https://theetfbully.com/2019/02/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-02-07-2019/ Battling Back And Finishing Mixed [Chart courtesy of MarketWatch.com] Moving the markets For the second day in a row, the markets opened in red with the Dow down over 200 points, as yesterday’s issues (sluggish global growth and U.S.-China trade tensions) weighed heavy on sentiment. Especially the trade war was on traders’ minds, when Trump confirmed …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 02/07/2019
ETF Data updated through Thursday, February 7, 2019 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 …
Global Growth Fears Stop Bullish Momentum
[Chart courtesy of MarketWatch.com] Moving the markets Right after the opening bell, the major indexes took a dive as a cocktail of global risks kept traders occupied. The usual suspects, namely U.S.-China trade tensions, the U.K Brexit and a sharp slowdown in Chinese growth, combined to put the bulls on notice that all may not be well with this world …
Equities Under Pressure
[Chart courtesy of MarketWatch.com] Moving the markets I guess nothing can ever really satisfy the traders/algos on Wall Street, who constantly need to be fed a fresh dose of stimulus in order to maintain the bullish mood. Apparently, it’s not enough that the Fed threw in the towel by doing a U-turn with their interest rate policy and in the …
A Whip-Saw Day But Bull Trend Strengthens
[Chart courtesy of MarketWatch.com] Moving the markets One look at the chart tells the story. An early rebound failed miserably with the S&P 500 dipping back into the red, then recovering and closing at the early high of the session. All eyes are now on the 200-day M/A, which today acted as overhead resistance. At 2,742 we are only some …