ETF Tracker StatSheet You can view the latest version here. ANOTHER ROLLER COASTER RIDE [Chart courtesy of MarketWatch.com] Moving the markets While Wednesday’s rebound rekindled thoughts of a Santa Claus rally, those hopes were wiped out yesterday, when the markets got clubbed and surrendered all the prior day’s gains. The S&P 500 closed yesterday exactly at Wednesday’s level. Go …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 12/22/2022
ETF Data updated through Thursday, December 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 …
Bounce Back Wednesday
[Chart courtesy of MarketWatch.com] Moving the markets Upbeat earnings and robust consumer confidence data combined forces to pull the markets out of their doldrums and gave traders an excuse to push equities higher. Nike started things out by beating quarterly earnings and revenue expectations, as did FedEx with the company also announcing cost cutting plans. Consumer Confidence surged in December …
Eking Out A Small Gain
[Chart courtesy of MarketWatch.com] Moving the markets It wasn’t an impressive performance, but at least the markets managed to snap a 4-day losing streak by eking out a tiny gain in the face of sharply rising bond yields. Traders tried to shake off a surprise rate hike by the Bank of Japan (BoJ) and resigned themselves to the idea of …
Hope For A Christmas Rally Is Fading
[Chart courtesy of MarketWatch.com] Moving the markets Friday’s sour mood about a worsening recession carried over into today’s session, with only the Dow managing to glimpse above its unchanged line, while the S&P 500 and Nasdaq never saw any green numbers. The major indexes have now closed lower for the 4th day in a row and are in the red …
ETFs On The Cutline – Updated Through 12/16/2022
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 …