[Chart courtesy of MarketWatch.com] Moving the markets Despite a bullish theme in last night’s futures session, the regular one saw the bears take over, and the major indexes opened to the downside, just as we’ve seen recently. The remainder of the trading day was spent climbing out of that early hole with only the Dow managing to get back to …
ETFs On The Cutline – Updated Through 02/19/2021
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 February 19, 2021
ETF Tracker StatSheet You can view the latest version here. AN EARLY RALLY BITES THE DUST—AGAIN [Chart courtesy of MarketWatch.com] Moving the markets Today resembled just how the week went for the major indexes. Early rallies lost steam, and this session was no exception, with the indexes ending the day at their respective unchanged lines. Overall, the pullback was …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 02/18/2021
ETF Data updated through Thursday, February 18, 2021 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 …
No Market Commentary
I am stuck in a meeting and won’t be able to write today’s commentary. However, I will post the latest StatSheet by 6:30 pm PST. Ulli…
Climbing Out Of A Hole
[Chart courtesy of MarketWatch.com] Moving the markets An early dump was reversed, especially by the Dow, which erased a 150-point loss and ended in the green by some 90 points, or +0.29%. The S&P 500 attempted the same magic but fell short, while the Nasdaq was the loser of the day with -0.58%, which was a major improvement from its …