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 March 4, 2022
ETF Tracker StatSheet You can view the latest version here. FADING INTO THE WEEKEND [Chart courtesy of MarketWatch.com] Moving the markets Even a better-than-expected jobs report (678k gained vs. expectations of 423k) was not enough to compete with the negative overhang of the geopolitical environment, as the Russia-Ukraine skirmish continued unabated, despite encouraging attempts on both sides to schedule …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 03/03/2022
ETF Data updated through Thursday, March 3, 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 …
Popping And Dropping
[Chart courtesy of MarketWatch.com] Moving the markets Chopping around their respective unchanged lines appeared to be the mantra for the major indexes, after an early pop ran out of steam and gave way to weakness, as bullish sentiment fell by the wayside. The Nasdaq fared the worst with a 1.56% loss, though the Dow and S&P 500 retreated only moderately. …
Bounce-Back Wednesday
[Chart courtesy of MarketWatch.com] Moving the markets The bulls tried to shake off the effects of the Ukraine-Russia confrontation and managed to squeeze out a rebound, despite surging oil and commodity prices. While the major indexes recovered yesterday’s losses, today’s action had the smell of a dead cat bounce. Sure, there were several verbal assists helping market sentiment starting with …
A Puke-A-Thon For Equities
[Chart courtesy of MarketWatch.com] Moving the markets As the Russia-Ukraine conflict spreads and intensifies, it should come as no surprise that equities eventually would be affected negatively. We have seen some late session comeback attempts, but current geopolitical conditions may make it very difficult to continue these efforts. The reality, that sanctioning others may have a boomerang effect came into …