ETF Data updated through Thursday, October 27, 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 …
Big Tech Gets Whacked
[Chart courtesy of MarketWatch.com] Moving the markets Despite an early 300-point jump in the Dow, the major indexes were not able to hang on to that euphoric start, as the reality set in that all is not well with Big Tech. Both, Alphabet and Microsoft shares got hammered, with the former missing earnings expectations on the top and bottom lines, …
Plunging Bond Yields Support Bear Market Rally
[Chart courtesy of MarketWatch.com] Moving the markets Plunging bond yields provided the perfect background to keep the bear market rally intact for the third day, a scenario we’ve witnessed several times this year. The largest drop and subsequent rebound happened in June, when the S&P 500 exploded off its bottom by 19.2% only to shift in reverse and surrender all …
Climbing A Wall Of Worry
[Chart courtesy of MarketWatch.com] Moving the markets Despite a rollercoaster ride in the futures market overnight, and a plunge in the Chinese stock market of -6.4%, its largest one-day drop since 2008, US sentiment remained positive after the opening bell rang. It’s all about earnings and forward guidance this week, with 46% of S&P members reporting. However, inflation data and …
ETFs On The Cutline – Updated Through 10/21/2022
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 October 21, 2022
ETF Tracker StatSheet You can view the latest version here. FINALLY—A WINNING WEEK [Chart courtesy of MarketWatch.com] Moving the markets After dropping into oversold territory last week, it was time a for a bounce back, and that is exactly what we got. Despite some mid-week weakness, the major indexes found some footing and propelled themselves to a solid green …