[Chart courtesy of MarketWatch.com] Moving the markets Touching new all-time highs seems to be a regular occurrence, and today was no exception with the S&P 500 hovering again in record territory. That came as a surprise, as in overnight trading the Chinese tech stocks were a bloodbath again, as Beijing’s crackdown intensified. So far, the US markets seem to be …
ETFs On The Cutline – Updated Through 07/23/2021
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 July 23, 2021
ETF Tracker StatSheet You can view the latest version here. GAINING ALTITUDE [Chart courtesy of MarketWatch.com] Moving the markets After Monday’s dump, which by now has long been forgotten, the bulls stepped up to the plate with the major indexes scoring four winning days in a row along with record closes. The overpowering economic concerns from earlier in the …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 07/22/2021
ETF Data updated through Thursday, July 22, 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’ll be out on a lunch appointment and will not be able to write today’s commentary. However, I will publish the StatSheet later on and will resume regular posting tomorrow. Ulli…
Earnings Power Rebound
[Chart courtesy of MarketWatch.com] Moving the markets The rebound continued into its second day with Monday’s losses now having been completely recaptured by all three major indexes. Better-than-expected earnings helped power the revival with Coca-Cola and Johnsen & Johnsen stoking the bullish attitude. The bounce-back was broad based with Small Caps (VBK) adding another +1.31%, but they were slightly …