Closing the month of June with a bang and stepping into July with equal force, the major market ETFs have been on a tear for five days straight. How much of that momentum can be maintained is everyone’s guess. The ETFs under discussion last week (TMW, VTI, VUG) rallied strongly and ended up above the listed +20 positions, so they …
High Volume ETFs On The Cutline – Updated Through 6/29/2011
The rebound continued over the past week, in part fueled by positive news out of Greece, as well as quarter-end window dressing by portfolio managers. While the major market ETFs had a nice run, the rally is somewhat suspect as it was accompanied by not much conviction due to low volume. Of course, nothing has been really resolved with the …
ETFs On The Cutline – Updated through 6/24/2011
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 …