ETF Data updated through Thursday, July 18, 2019 Methodology/Use of this StatSheet: 1. 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. 2. Trend Tracking Indexes (TTIs) Buy or Sell decisions for Domestic and International …
Early Sell-Off—Late Day Recovery
[Chart courtesy of MarketWatch.com] Moving the markets Yesterday, the markets closed on a sour note by scoring their lows for session in the final seconds of trading. That usually does not bode well for the next day’s opening, and today was no exception. The major indexes slipped early on but managed to rebound by mid-day with fresh upward momentum pushing …
The Fizzle Continues
[Chart courtesy of MarketWatch.com] Moving the markets There was not much motivation on the part of the bulls to engage and keep this market from fizzling. The big three, namely lack of progress on the trade dispute with China, mixed earnings results and weak headlines for economic numbers, combined to create a lackluster session. In other words, the recently observed …
Treading Water
[Chart courtesy of MarketWatch.com] Moving the markets It was a tug-of-war between news stories that kept traders on edge with some headlines causing a sell-off, others creating a recovery, but in the end, the major indexes closed in the red. We didn’t see the usual last 30-minute rebound due to Trump’s comments that “trade has a long way to go,” …
Markets Under Pressure; Earnings Season On Deck
[Chart courtesy of MarketWatch.com] Moving the markets Throughout today’s session, equities were under pressure due to the looming earning season. Traders were a bit anxious to find out if some of the poor economic data points of the last quarter, or the U.S.-China trade war, are having an impact on companies’ bottom lines. The major indexes spent most of the …
ETFs On The Cutline – Updated Through 07/12/2019
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 …