ETF Data updated through Thursday, October 6, 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 …
Slumping And Pumping
[Chart courtesy of MarketWatch.com] Moving the markets Overnight weakness, followed by an early dump, with the Dow dropping some 400 points, was reversed as bullish sentiment prevailed causing traders and algos to pull the major indexes out of a hole and back to within striking distance of their respective unchanged lines. After two days of strong gains, the widely followed …
Perception Or Reality?
[Chart courtesy of MarketWatch.com] Moving the markets For the second day in a row, the markets rebounded sharply based on the idea that the Fed is due to pivot and implement a more dovish stance with its monetary policy. Never mind that all this is merely perception and not reality at all. But to the frontrunning traders and algos none …
Climbing Out Of A Deep Hole
[Chart courtesy of MarketWatch.com] Moving the markets After last month’s thrashing, during which the S&P 500 lost -9.3%, it comes as no surprise that a rebound from a very oversold condition materialized, as the markets welcomed October with a bullish bounce. Following the recent debacle in the UK, when the BoE reversed its tough talk of hiking rates to fight …
ETFs On The Cutline – Updated Through 09/10/2022
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 30, 2022
ETF Tracker StatSheet You can view the latest version here. A BRUTAL MONTH ENDS WITH ANOTHER DIVE [Chart courtesy of MarketWatch.com] Moving the markets The jury is now out that this has been the worst September for stocks since 2008. That’s a big ouch for those still believing the farce of buying and holding forever by not recognizing when …