ETF Data updated through Thursday, August 29, 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 …
Easing Trade War Fears Fuel Markets
[Chart courtesy of MarketWatch.com] Moving the markets When all else fails, a few well-chosen words seem to be enough these days to put a sagging market back into bullish mode. Such was the case today, when China indicated that they were in no rush to respond to the latest round of tariffs announced by Washington. In the process, this week’s …
Digging A Hole And Climbing Out Of It
[Chart courtesy of MarketWatch.com] Moving the markets Despite an early sell-off, caused by the bond market flashing a recession signal, the major indexes managed to climb out of that hole supported by a lift from the energy sector, as oil prices showed new signs of life. Even with that good effort, we remain stuck in a trading range with the …
Losing Momentum; Hope For A Trade Deal Vanishes
[Chart courtesy of MarketWatch.com] Moving the markets An early follow through rally hit the skids and reversed with the major indexes ending up closing in the red. It seems that yesterday’s attempt by the White House to try to revive the trade carrot ran out of steam, when China’s Global Times editor signaled that there appears to be no great …
The Trump Pump: One Phone Call Saves The Markets
[Chart courtesy of MarketWatch.com] Moving the markets I was watching the futures markets last night as the major indexes were getting hammered on a follow through move from Friday’s sell-off. Even early this morning, the Dow had plunged 200 points when Trump suddenly announced that “China called our trade people last night and said let’s get back to the table.” …
ETFs On The Cutline – Updated Through 08/23/2019
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 …