ETF Tracker StatSheet You can view the latest version here. TRYING TO OVERCOME FED ANGST [Chart courtesy of MarketWatch.com] Moving the markets A former Fed president said what he was not allowed to when he was in office, namely that the Fed needs to push down equities to get inflation under control. This was followed by a current Fed …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 04/07/2022
ETF Data updated through Thursday, April 7, 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 …
Fed’s Hawkish Intentions Hamper Markets
[Chart courtesy of MarketWatch.com] Moving the markets The highly anticipated Fed minutes turned out to be more hawkish than expected in terms of QT (Quantitative Tightening) and future rate hikes, which ZH summed up like this: As much as $95 billion in asset runoff per month ($60-90 bn expected) Many Fed officials say half-point hikes may be warranted Fed sees …
Fears Of Econ Slowdown Trouble Markets
[Chart courtesy of MarketWatch.com] Moving the markets While we saw a benign opening, things went south for the broad markets, as Monday’s theme of climbing a wall of worry was short lived with the major indexes giving back more than they gained yesterday. It brought back of thoughts as to whether this chart indeed is showing a topping formation. Downward …
Scaling A Wall Of Worry
[Chart courtesy of MarketWatch.com] Moving the markets Despite a negative news environment, traders ignored most of the headlines and the fact that US factory orders tumbled in February and scored their biggest drop since April 2020. Also sounding a word of caution was this chart (hat tip to ZH) suggesting that the March melt up, AKA a short-cover rally, may …
ETFs On The Cutline – Updated Through 04/01/2022
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 …