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 22, 2022
ETF Tracker StatSheet You can view the latest version here. SLOPPY AND CHOPPY BUT HIGHER ON THE WEEK [Chart courtesy of MarketWatch.com] Moving the markets Despite a choppy and sloppy trading session, which caused the major indexes to surrender some of their recent hard-fought gains, they ended the week in the plus with the S&P 500 advancing around 2.2%. …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 07/21/2022
ETF Data updated through Thursday, July 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 …
Tech Dominates
[Chart courtesy of MarketWatch.com] Moving the markets Despite and early sell-off, the major indexes found some footing, wobbled all day yet managed to produce another green close for the second straight day. It was a tug-of-war between those traders who were scouring the latest corporate earnings for indications that profits remain on an upward trend, which would support higher stock …
Gambling On A Market Bottom
[Chart courtesy of MarketWatch.com] Moving the markets After experiencing bobbing, weaving and some head fakes, traders finally stepped up to the plate and put some money on the betting table that markets might have finally found a bottom. Bullish sentiment received some support from strong earnings, which appeared to show that companies are adapting to economic challenges better than feared …
Head Fake!
[Chart courtesy of MarketWatch.com] Moving the markets After Friday’s rebound, the markets followed through to the upside this morning, as positive earnings by banking powerhouse Goldman Sachs supported the bullish mood. But as we’ve seen many times in the past, sentiment lost steam, and south we went. Contributing to that sudden sour mood was a report from Apple that it …