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 16, 2019
ETF Tracker StatSheet You can view the latest version here. REBOUNDING INTO THE WEEKEND [Chart courtesy of MarketWatch.com] Moving the markets After yesterday’s lackluster session to nowhere, the markets found some upside momentum, with the ensuing relief rally reducing some of the losses sustained on Wednesday. Trying to calm matters was St. Louis Fed President Bullard’s remarks that inter-meeting …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 08/15/2019
ETF Data updated through Thursday, August 15, 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 …
Markets Find Some Footing; Retail Sales And Walmart Throw An Assist; Bond Yields Crash
[Chart courtesy of MarketWatch.com] Moving the markets The market got an unexpected assist, which prevented a continuation of yesterday’s slide; at least for the time being. Retail sales surged in July, but that does not mean all is well, as these surges in the past have been followed by contractions. But for this moment in time, it was a positive …
Mayhem In The Markets: Stocks Get Hammered As Roller Coaster Continues—Sell Signals On Deck
[Chart courtesy of MarketWatch.com] Moving the markets Yesterday’s attempt by Trump to put some lipstick on the trade pig, via a possible delay of certain tariffs, now seems to have had only a one-day effect with global realities taking front and center. Newly released data shows a worrisome development regarding economic growth with China and Europe’s economic powerhouse Germany both …
Dangling The China Carrot—Markets Recover
[Chart courtesy of MarketWatch.com] Moving the markets Again, it was a trading day that had me shaking my head. After yesterday’s drubbing, with the Dow losing close to 400 points, an explosive rebound sent the major indexes back into rally mode wiping out just about all of yesterday’s losses. It was a headline, that the speed-reading computer algos interpreted …