ETF Data updated through Thursday, September 22, 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 …
Crashing Into The Close
[Chart courtesy of MarketWatch.com] Moving the markets Up until the Fed’s announcement on interest rates, the major indexes marched in sync above their respective unchanged lines sporting modest gains. Just minutes before Powell’s appearance, fear must have gripped the trading community, and we sold off sharply, hovered for a while, after which a rebound rally took us back into the …
Fed Anxiety Spooks Markets
[Chart courtesy of MarketWatch.com] Moving the markets It appeared that Fed anxiety ahead of its key rate decision tomorrow had traders and algos on edge, with the Dow plunging some 400 points mid-session. We recouped some of these steep losses during the last hour, but negative sentiment prevailed due to nobody wanting to have overexposure in equities. A 0.75% rate …
Creeping Higher
[Chart courtesy of MarketWatch.com] Moving the markets While the major indexes were hugging their respective unchanged lines for most of the session, a last hour breakout allowed equities to close moderately in the green after the thrashing of last week. It was aimless meandering for the most part with the Dow trading in a range from -260 points to +180 …
ETFs On The Cutline – Updated Through 09/16/2022
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 …
ETF Tracker Newsletter For September 16, 2022
ETF Tracker StatSheet You can view the latest version here. FedEx WHACKS MARKETS [Chart courtesy of MarketWatch.com] Moving the markets After yesterday’s thrashing, the markets continued to vacillate in red territory throughout the entire session, but the major indexes managed to rebound a bit to close off the lows for the day. Still, it was a week that most …