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 April 9, 2021
ETF Tracker StatSheet You can view the latest version here. LEAPING INTO THE CLOSE [Chart courtesy of MarketWatch.com] Moving the markets A last hour ramp pulled the major indexes out their sideways pattern and pushed them into a solid green close. For a change, the Dow led the pack by scoring another record high with the Nasdaq only in …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 04/08/2021
ETF Data updated through Thursday, April 8, 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 …
Discovering Upward Momentum
[Chart courtesy of MarketWatch.com] Moving the markets After two days of aimless sideways meandering, the markets broke out to the upside although in moderate fashion. Nevertheless, it was enough of a spurt for the S&P 500 to score a new record high, while the index stopped just short of breaking through the 4,100 level. “Growth” outperformed “value” by a wide …
Treading Water
[Chart courtesy of MarketWatch.com] Moving the markets Despite the markets having moved in a tight range, and pretty much ended the session unchanged, it was enough of a gain for the S&P 500 to score another record close. All eyes were on the release of the Fed minutes, which showed continued commitment by the Central Bank to support an accommodative …
Taking A Breather
[Chart courtesy of MarketWatch.com] Moving the markets With the markets having surged into April, it was time for the pace to slow down, and that is what we saw today. The S&P 500 broke a 3-day winning streak with the indexes coming off their record highs, although by only a small margin. Bond yields continued to ease up with the …