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 March 5, 2021
ETF Tracker StatSheet You can view the latest version here. WHEN GOOD NEWS IS BAD NEWS—OR MAYBE NOT? [Chart courtesy of MarketWatch.com] Moving the markets Another wild ride in the markets turned out to be positive, after an early pump was followed by a huge dump, which then formed the base to be a springboard for the ramp into …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 03/04/2021
ETF Data updated through Thursday, March 4, 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 …
The Fed Fails To Deliver—Markets Tank
[Chart courtesy of MarketWatch.com] Moving the markets An opening puke in the markets gave way to a rebound back above the unchanged line, but that gain was short lived, and down we went in the afternoon session. A last hour rebound reduced some of the losses, but the three major indexes ended up in the red with the Nasdaq producing …
Jumping Bond Yields Penalize Equities
[Chart courtesy of MarketWatch.com] Moving the markets The tech sector was spanked today, as rising bond yields raised concerns about high equity valuations and a potential increase in inflation. The benchmark 10-year bond yield jumped as much as 8 basis points intra-day to 1.49% but pulled back slightly and finished the session at 1.47%. I have pointed to surging yields …
Loosing Upward Momentum
[Chart courtesy of MarketWatch.com] Moving the markets The futures markets got rattled early on by comments from China’s top banking regulator jawboning that “he’s very worried about risks emerging from bubbles in global financial markets and the nation’s property sector.” That’s all it took to put the fears of further tightening, aka higher interest rates and bond yields, on the …