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 30, 2021
ETF Tracker StatSheet You can view the latest version here. ENDING A POSITIVE MONTH ON A NEGATIVE NOTE [Chart courtesy of MarketWatch.com] Moving the markets Disappointment about Amazon’s unsatisfactory earnings report, after Thursday’s close, dented any remaining optimism and the kept the major indexes in the red throughout today’s session. To no surprise, the Nasdaq suffered the most but …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 07/29/2021
ETF Data updated through Thursday, July 29, 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 again got stuck with some appointments and will not be able to write today’s market commentary. However, the weekly StatSheet will be published tonight by 6:30 pm PST. Regular posting will resume tomorrow. Ulli…
Mixed Fed Message Keeps Markets In Limbo
[Chart courtesy of MarketWatch.com] Moving the markets Despite an initial jump after the Fed’s dovish FOMC statement, during which Fed head Powell hinted that “substantial further progress” would be necessary before any type of tapering, hiking, or tightening would occur, markets slumped. He was referring to stronger job numbers and advances towards maximum employment. Strangely enough, the Fed did not …
Uncertainty Reigns—Equities Tumble
[Chart courtesy of MarketWatch.com] Moving the markets A couple of forces combined to slap the major indexes around until, late in the session, the markets found some footing and managed to reduce the early losses. Leading the charge to the downside was what appeared to be the bursting of the tech bubble in China, with its Hang Seng Tech index …