ETF Data updated through Thursday, March 28, 2019 Methodology/Use of this StatSheet: 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. Trend Tracking Indexes (TTIs) Buy or Sell decisions for Domestic and International ETFs (section …
Trade Hope Keeps The Bullish Theme Alive
[Chart courtesy of MarketWatch.com] Moving the markets An early bounce gave way to selling with the S&P 500 touching its hard fought 2,800 level, before bullish sentiment prevailed and pulled all 3 major indexes out of the doldrums and into a green close. Nevertheless, it was a choppy session with support coming from the dangling trade carrot which, on many …
Bears Trump Bulls
[Chart courtesy of MarketWatch.com] Moving the markets While the major indexes opened in the green, the time spent above their respective unchanged lines was cut short, as sellers took charge and drove equities straight south supported by lower global growth expectations. As luck would have it, things turned around mid-day, as we’ve seen many times before, and a slow but …
Optimism Helps Equities Rebound Despite Poor Econ Data
[Chart courtesy of MarketWatch.com] Moving the markets A sharp early jump in equity prices, thanks to another short squeeze, proved to be too optimistic to have staying power, so we spent the rest of the session drifting off the intraday highs. For a while it looked as if we were going to slide into the red, but thanks to sudden …
Battling Growth Fears
[Chart courtesy of MarketWatch.com] Moving the markets The bulls and bears engaged in another gathering of tug-of-war with the major indexes vacillating around their respective unchanged lines and, in the end, closing with no clear direction apparent. The fallout from last Friday was obvious, as global weakness carried into today, but enough bullish momentum turned this into an uneventful session. …
ETFs On The Cutline – Updated Through 03/22/2019
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 …