With yesterday’s sell off, as a result of the Fed’s “stimulus” not being perceived as large and dramatic enough, the S&P 500 has given back -1.85% since last week’s report. This weakness was immediately reflected in the momentum numbers and affected rankings above and below the cutline. We held steady in terms of positioning, as only 7 ETFs remain above …
All Eyes Are Focused on Fed and IMF Meetings; ETF Master Cutline List – Updated through 9/16/2011
Dollar intervention efforts by global central bankers and jawboning about support for Greece proved to be the secret sauce to get the major market indexes moving higher during the past five trading days. If all-around efforts continue to assist Europe, we might even see a break out the current 6 week trading range. However, there will be headline risk, depending …
High Volume ETFs On The Cutline – Updated Through 9/14/2011
Momentum is not heading in the right direction, if you are looking for opportunities on the long side using equity ETFs. Since last week’s report, the S&P 500 has given back -0.83%, but the number of ETFs positioned above the line and therefore in bullish territory has been reduced to only 7. It includes the same old performers we have …
Precious Metal And Bond ETFs Remain The Leaders; ETF Master Cutline List – Updated through 9/9/2011
With the S&P 500 losing another -1.70% since the last ETF Master Cutline Report, it’s no surprise to see the number of ETFs above the line reduced further. Currently, there are 34 ETFs positioned in bull market territory and 362 below the line and in bear market territory. In a repeat from the prior week, precious metals occupy the top …
High Volume ETFs On The Cutline – Updated Through 9/7/2011
Despite yesterday’s strong rebound, the S&P 500 is still down by -1.64% from last week’s HV Cutline report. This is reflected by the number of ETFs above the trend line, which have dropped to 14 (last week 16), while 74 ETFs hover below it, which means they’re still stuck in bear market territory. To repeat, the High Volume ETF Cutline …
Precious Metal ETFs Remain The Leaders; ETF Master Cutline List – Updated through 9/2/2011
Another volatile week did little to change the ETF Master Cutline list, as now 47 ETFs hover above the line, while 349 remain below it and in bear market territory. The leaders are similar to last week in that Precious Metal ETFs still take top billing followed by bond ETFs of all different durations. No surprise there, as last Friday’s …