[Chart courtesy of MarketWatch.com] Moving the markets As solid early rally hit the skids, as the Dow performed a 330-point U-turn with two of the three major indexes closing in the red leaving only the Nasdaq above its unchanged line and sporting a +0.50% advance. As has been the case lately, SmallCaps outperformed but even that sector gave up part …
ETFs On The Cutline – Updated Through 12/11/2020
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 December 11, 2020
ETF Tracker StatSheet You can view the latest version here. SAME NEWS, DIFFERENT DAY [Chart courtesy of MarketWatch.com] Moving the markets The futures markets already indicated a continuation of this week’s directionless pattern, which dominated the regular session as well. The usual suspects contributed to uncertainty, as the Brexit talks appeared to be collapsing, the much hoped-for stimulus package …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 12/10/2020
ETF Data updated through Thursday, December 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 …
Stuck In Neutral
[Chart courtesy of MarketWatch.com] Moving the markets The rebounding efforts after yesterday’s slump already failed in the futures market, and this uncertainty carried over into the regular session with the Dow and S&P slipping, while the Nasdaq shook off weakness and closed in the green by +0.54%. Some market sectors saw solid increases, such as SmallCaps (IWO) and MidCaps (IWP), …
No Place To Hide
[Chart courtesy of MarketWatch.com] Moving the markets An early bounce in the markets disappeared in a hurry with tech shares struggling in part due to the Federal Trade Commission and state attorneys general led by New York filing an antitrust complaint against Facebook. The allegations include stifling of competition to protect its monopoly power. That announcement took down the tech …