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 …
ETFs On The Cutline – Updated through 6/3/2011
With the market bulls getting the sledgehammer treatment last week, there obviously was more weakness than strength in the most current ETF Cutline report. As I mentioned before, when domestic markets succumb to bearish forces, at times selected county ETFs buck the trend and move higher, or at least hold their ground. That was the case last week as the …
High Volume ETFs On The Cutline – Updated Through 6/1/2011
Despite yesterday’s sharp sell-off, the High Volume ETFs were affected very little, at least if you measure it from last Wednesday’s report. 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 …