Despite the markets closing fractionally higher from a week ago, more slippage and juggling around the cutline was evident. The position improvements were minor with heavyweight TMW (Wilshire 5000) inching back to +4 from last week’s -3. VTI (Total Market Index) dropped in from a level above +20 and slipped below its line to a -4 position. VUG (Vanguard Growth) …
High Volume ETFs On The Cutline – Updated Through 6/22/2011
With the markets having staged a rebound over the past few trading days, it’s no surprise that this strength positively affected some of the High Volume Major Market ETFs, however, on balance, when looking at the big picture, it was a mixed bag. To clarify, High Volume (HV) ETFs are defined as those with an average daily volume of $10 …
ETFs On The Cutline – Updated through 6/17/2011
With the International Trend Tracking Index (TTI) having signaled a ‘Sell’ last Wednesday, can the domestic TTI be far behind? Judging by the action around the current ETF Cutline report, only a substantial rebound with legs may be able to stem the slide and reinstate upward momentum. Since the last report, several additional major indexes have slid below their long …
High Volume ETFs On The Cutline – Updated Through 6/15/2011
While Tuesday’s rebound raised hopes of a turn in short-term market direction, Wednesday’s sharp drop put an end to that hope – at least for the time being. Weakness in all areas of the market becomes especially clear in the High Volume Cutline report due to it covering only 90 ETFs. To clarify, High Volume (HV) ETFs are defined as …
ETFs On The Cutline – Updated through 6/10/2011
The selling continued this past week and improving equity momentum numbers were nowhere to be found. Most of the ETFs we discussed in last week’s report disappeared from the radar by sinking below the -20 position. New ETFs dropped in from a level above the +20 reading and are threatening to break the trend line to the downside. Here’s where …
High Volume ETFs On The Cutline – Updated Through 6/8/2011
With the continued selloff, today’s High Volume ETF Cutline report offers some interesting insights in where the markets might be headed. To clarify, High Volume (HV) ETFs are defined as those with an average daily volume of $10 million or higher. These ETFs are generated from my selected list of 90 that I use in my advisor practice. It cuts …