Since the last ETF Cutline report a week ago, the S&P 500 has rebound by +3.48%, but the change in momentum has not been enough to generate any new ETF prospects suitable as current investment material. Only 16 ETFs hover above the line in bullish territory, while 72 remain below it and on the bearish side of the equation. To …
Equity ETFs Remains In Bear Market Territory; ETF Master Cutline List – Updated Through 8/26/2011
Despite last week’s sharp market rebound in equity ETFs, it remains to be seen if that action was simply a sucker’s rally or the beginning of a new uptrend and resumption of the bull market. While some momentum numbers have indeed improved, weakness prevails in the equity arena, while precious metals and government bonds of all durations continue to occupy …
High Volume ETFs On The Cutline – Updated Through 8/24/2011
Despite the rebound of the past 2 days, we’re still down about -1.34% from last week as measured by the S&P 500. This continued slippage is reflected in the Cutline report, as there are currently only 13 ETFs positioned on the bullish side, while 76 still hover below the line and in bear territory. To repeat, the High Volume ETF …
ETF Master Cutline List – Updated Through 8/19/2011
Following the theme of continued flight to safety, this week’s ETF Cutline report confirms what the Leaders and Laggards table showed last Saturday: Precious metals and bonds of all durations reign supreme as we slipped further into bear market territory. Only 39 ETFs are positioned above the cutline, while 353 hover below it. No equity ETFs are showing positive momentum …
Market Review – High Volume ETFs On The Cutline – Updated Through 8/17/2011
While the rebound of the past 5 trading days provided welcome relief to those investors who kept their equity ETF positions through the recent market beating, the effect on the cutline has been negligible. That’s a sign that the recent rebound came from a much oversold position with short covering playing a big role by providing the ammunition needed to …
ETF Master Cutline List – Updated Through 8/12/2011
After another wild week in the markets, with a downward bias, the number of ETFs residing above the cutline has been reduced again, which is no surprise. At this point, there are only 36 ETFs positioned in Bull Market territory, above the Cutline, while 360 ETFs are stuck on the Bear Market side. Leading the pack are the precious metals, …