ETF Data updated through Thursday, September 10, 2020 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 …
Popping And Flopping
[Chart courtesy of MarketWatch.com] Moving the markets The first part of the session showed the bulls clearly in charge when suddenly Brexit concerns hit the headlines, which was followed by news that the Democrats voted to block the Republican’s stimulus bill. That was enough send stocks, bonds, and gold diving, while the dollar enjoyed a rebound rally. ZH summed up …
Comeback Wednesday
[Chart courtesy of MarketWatch.com] Moving the markets After 3 days of the markets getting slammed, with the Nasdaq having one of its worst stretches and reaching correction territory, conditions became so oversold that buyers stepped in and restored bullish momentum. As it turned out, the Nasdaq 100’s 50 day Moving Average provided critical support, at least for this session, and …
The Nasdaq Puke Continues
[Chart courtesy of MarketWatch.com] Moving the markets Last Thursday’s sharp sell-off, which continued Friday in a more moderate fashion, thanks to a late rebound, accelerated today, as the Labor Day weekend did nothing to encourage a return to bullishness. Instead, the major indexes puked again, with the Nasdaq showing the steepest losses except for crude oil, which took top billing …
ETFs On The Cutline – Updated Through 09/04/2020
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 312 High Volume ETFs, defined as those with an average daily volume of more than $5 million, of …
ETF Tracker Newsletter For September 4, 2020
ETF Tracker StatSheet You can view the latest version here. DOW ROUNDTRIPS 600 POINTS IN VOLATILE SESSION [Chart courtesy of MarketWatch.com] Moving the markets Yesterday’s sell-off continued with utter abandon early on, but mid-day buying limited the losses, however, the tech sector again took the biggest beating. The relentless waves of selling caused me to liquidate one of our …