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 July 5, 2019
ETF Tracker StatSheet You can view the latest version here. GOOD NEWS IS BAD NEWS AGAIN—BOND YIELDS EXPLODE; EQUITIES TUMBLE AND RECOVER [Chart courtesy of MarketWatch.com] Moving the markets As we’ve seen many times in the past, good economic news turned out to be bad news for equities, which took a steep dive at the opening after a better …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 07/03/2019
ETF Data updated through Wednesday, July 3, 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 …
No Market Report Today
Despite most Wall Street traders being gone this week, the S&P 500 is heading towards its 3,000 level—on very low volume. With only another hour to go, because of a shortened session, we may very well see this milestone being hit. I have a few commitments this afternoon and will not be able to write today’s report. Regular posting will …
Markets Meander, But Buyers Step In During The Last Hour—Again
[Chart courtesy of MarketWatch.com] Moving the markets Moving around their respective unchanged lines was the motto of the day, as fading optimism from the trade ceasefire kept bullish momentum in check. However, in a repeat performance of yesterday, sudden buying pressure during the last hour prevented the major indexes from closing in the red, despite the short-squeeze having run out …
No Trade Deal, But A Ceasefire Propels Equities
[Chart courtesy of MarketWatch.com] Moving the markets The much-awaited trade deal did not happen, but markets were relieved that the situation did not worsen. In fact, Trump and his counterpart Xi agreed to resume talks that had ended in May. Both sides gave a little with Trump lifting some restrictions on telecom giant Huawei to conduct business with U.S. companies, …