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 November 8, 2019
ETF Tracker StatSheet You can view the latest version here. SEARCHING FOR CLARITY [Chart courtesy of MarketWatch.com] Moving the markets The futures market took the early lead by heading south after Trump’s confirmation that he has not agreed to roll back tariffs with China, which was opposite of what economic advisor Larry Kudlow had stated. The early dump was …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 11/07/2019
ETF Data updated through Thursday, November 7, 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 …
Optimistic Trade News Stokes Equities
[Chart courtesy of MarketWatch.com] Moving the markets With the earnings season fading away, the US-China trade disagreement moved to center stage again, with positive statements stoking the markets and continuing the relentless push higher. This happened again in the face of sharply rising bond yields with the 10-year jumping an amazing 10.57 basis points to end the day at 1.92%. …
No Market Commentary
I will be out of the office for most of the day and evening and will not have a chance to write today’s market commentary. Regular posting will resume tomorrow. Ulli…
Treading Water
[Chart courtesy of MarketWatch.com] Moving the markets Ever since we had 2 down days at the beginning of October, equities have been on a relentless march higher (green arrow in chart) with virtually no interruption. Despite the Fed’s efforts to lower interest rates, this rally happened in the face of rising bond yields, an event that usually takes the starch …