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 22, 2022
ETF Tracker StatSheet You can view the latest version here. PUKING INTO THE WEEKEND [Chart courtesy of MarketWatch.com] Moving the markets After yesterday’s pump and dump session, during which the Dow jumped to a 300-point lead early on, only to see those gains wiped out, with the index closing with a loss of almost 370 points. That bearish momentum …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 04/21/2022
ETF Data updated through Thursday, April 21, 2022 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 …
Signs Of Lethargy
[Chart courtesy of MarketWatch.com] Moving the markets While the Dow continued to pump all day, the other two major indexes did not find a driver to participate in the ramp-a-thon and ended the session in the red. The S&P 500 closed just about unchanged while the Nasdaq surrendered 1.22%. The Nasdaq had been struggling all day, which was the result …
Boosted By Earnings
[Chart courtesy of MarketWatch.com] Moving the markets Today was comeback day with the S&P 500, after having fallen for two straight weeks, finally receiving a boost, along with the other major indexes, to end the session in the green. The Nasdaq led the charge with a gain of over 2%. Some analysts contributed this bounce to sentiment and positioning as …
Snaking Aimlessly Along The Unchanged Lines
[Chart courtesy of MarketWatch.com] Moving the markets The major indexes snaked aimlessly above and below their respective unchanged lines without making headway, as ephemeral gains were quickly surrendered with uncertainty about interest rates, while a flood of upcoming earnings reports kept the bulls and bears in check. It was a rollercoaster ride with the 10-year bond yield touching 2.88%, which …