ETF Data updated through Thursday, September 5, 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 …
Breakout!
[Chart courtesy of MarketWatch.com] Moving the markets Just when you thought the trade deal was dead, news that US and Chinese officials declared a tentative resumption of tariff talks made the headlines, and off to the races we went with the computer algos pushing the indexes sharply higher. Mind you that nothing worthwhile was accomplished. The warring parties simply agreed …
Injecting Bullish Sentiment
[Chart courtesy of MarketWatch.com] Moving the markets The major indexes staged a turnaround, after yesterday’s pullback, encouraged by an apparent ease in Hongkong tensions. Chief executive Carrie Lam announced that she would withdraw the controversial extradition bill that has sparked months of violent protests, which were feared to eventually hurt the business climate and global financial markets. While this bill …
Markets Resemble A Deer In The Headlight
[Chart courtesy of MarketWatch.com] Moving the markets Last week’s rally was based on nothing more than rekindled optimism that the ever-accelerating trade war with China may be “again” on another verge of the warring parties agreeing to a ceasefire. On the other hand, how many times can you cry “wolf” before it’s being ignored. Apparently, we have not reached that …
ETFs On The Cutline – Updated Through 08/30/2019
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 …
ETF Tracker Newsletter For August 30, 2019
ETF Tracker StatSheet You can view the latest version here. TRADE WORRIES CONTINUE TO DISSIPATE; S&P 500 UP FOR DAY BUT DOWN FOR THE MONTH [Chart courtesy of MarketWatch.com] Moving the markets An early rally bit the dust with the major indexes losing upside momentum, dipping into the red and bouncing around their respective trend lines throughout most of …