ETF Data updated through Thursday, July 6, 2023 How to use this StatSheet: Out of the 1,800+ ETFs out there, I only pick the ones that trade over $5 million per day (HV ETFs), so you don’t get stuck with a lemon that nobody wants to buy or sell. Trend Tracking Indexes (TTIs) These are the main indicators that tell …
Good Jobs Data Turns Sour For Stocks And Bonds
[Chart courtesy of MarketWatch.com] Moving the markets We all know the saying “when good news is bad news.” Well, today we got a reminder of what that means. ADP announced that private sector jobs jumped by 497k in June, smashing expectations and marking the biggest monthly gain since July 2022. That sounds like good news, right? Wrong. Because this report …
Bond Yields Rise, Dollar Gains, Stocks Struggle
[Chart courtesy of MarketWatch.com] Moving the markets The minutes of the Fed’s June meeting revealed why they decided to hold off on raising interest rates this time. But they also hinted that more hikes are coming in 2023, as they remain confident about the economic recovery. This made some traders nervous, as they were hoping for lower rates sooner rather …
ETFs On The Cutline – Updated Through 06/30/2023
Do you want to know which ETFs are hot and which ones are not? Then you need my High-Volume ETF Cutline report. It tells you how close or far each of the 311 ETFs I follow is from its long-term trend line (39-week SMA). These are the ETFs that trade more than $5 million a day, so they are not …