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 …
ETF Tracker Newsletter For September 29, 2023
ETF Tracker StatSheet You can view the latest version here. NO TREATS FOR THE BULLS: THE MARKETS ENDED SEPTEMBER AND Q3 IN THE RED [Chart courtesy of MarketWatch.com] Moving the markets The markets started Friday on a high note, thanks to the latest inflation data that made investors feel optimistic. But the good mood didn’t last long, as the …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 09/28/2023
ETF Data updated through Thursday, September 28, 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 …
Stocks Rebound On Short Squeeze, But Will It Last?
[Chart courtesy of MarketWatch.com] Moving the markets Stocks finally got off the floor on Thursday and clung to their gains until the end, as investors watched the wild swings in the bond market with bated breath. After weeks of getting hammered, the market needed a bounce. A massive short squeeze helped the bulls but don’t get too excited. This rally …
Inflation Concerns And Tightening Financial Conditions Drive Stock Market Turbulence
[Chart courtesy of MarketWatch.com] Moving the markets The stock market experienced a wild ride on Wednesday as Wall Street attempted to recover from steep losses seen in the previous session. This rollercoaster was fueled by a dip and then a rip in Treasury yields and the release of positive economic data. The benchmark 10-year Treasury yield rallied above the 4.6% …
S&P 500 Plunges As Home Sales Crash And Consumer Confidence Falls
[Chart courtesy of MarketWatch.com] Moving the markets The market had a terrible day today, as dismal reports on home sales and consumer confidence sent the S&P 500 to its lowest level in months. The index plunged 1.47%, breaking below 4,300 for the first time since June 9. The housing market showed signs of cooling down, as new home sales in …