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 July 10, 2020
ETF Tracker StatSheet You can view the latest version here. ENDING A VOLATILE WEEK ON A POSITIVE NOTE [Chart courtesy of MarketWatch.com] Moving the markets This morning we saw something highly unusual in the markets, namely that the Dow and S&P quickly stormed out of an early hole, with the Nasdaq lagging, something we have not seen in a …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 07/09/2020
ETF Data updated through Thursday, July 9, 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 …
SCOTUS Rules Against POTUS—Markets Pull Back
[Chart courtesy of MarketWatch.com] Moving the markets An early bump in the tech sector gave way to selling, as the bears took charge of today’s session early on. Increasing coronavirus cases in Florida, Texas and California added to Wall Street’s woes with even the Nasdaq temporarily succumbing to red numbers, albeit at a lesser degree than the other major indexes. …
Popping, Dropping And Popping
[Chart courtesy of MarketWatch.com] Moving the markets Another roller coaster day saw the major indexes fluctuate wildly with an initial rally being wiped out, which pushed the Dow and S&P 500 briefly in the red. The Nasdaq managed to stay in the green and then ripped to new intra-day highs late in the session, as all indexes joined in the …
Shifting In Reverse; An Early Rally Skids
[Chart courtesy of MarketWatch.com] Moving the markets An early one-sided rally, dominated by the Nasdaq, lost momentum with all 3 major indexes hitting the skids and closing lower. The Nasdaq held up the best, while the Dow fared the harshest, but all closed at their worst levels of the session. Saving the day was gold, which not only reclaimed its …