Below, please find the latest High-Volume ETF Cutline report, which shows how far above or below their respective long-term trend lines (39-week SMA) my currently tracked ETFs are positioned. This report covers the HV ETF Master List from Thursday’s StatSheet and includes 312 High Volume ETFs, defined as those with an average daily volume of more than $5 million, of …
ETF Tracker Newsletter For December 16, 2022
ETF Tracker StatSheet You can view the latest version here. RECESSION FEARS REIGN SUPREME [Chart courtesy of MarketWatch.com] Moving the markets After yesterday’s drubbing, and today’s roller coaster ride, the latter of which occurred due to a massive quadruple options expiration session, it comes as no surprise that the markets took another dive. The Dow was down as much …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 12/15/2022
ETF Data updated through Thursday, December 15, 2022 Methodology/Use of this StatSheet: 1. From the universe of over 1,800 ETFs, I have selected only those with a trading volume of over $5 million per day (HV ETFs), so that liquidity and a small bid/ask spread are assured. 2. Trend Tracking Indexes (TTIs) Buy or Sell decisions for Domestic and International …
The Morning After: Recession Angst Grips Markets
[Chart courtesy of MarketWatch.com] Moving the markets Even though the Fed hiked rates as expected, a “morning after” hangover set in, as today’s poor retail sales confirmed current recessionary tendencies. Sales dropped -0.6% in November, which was twice the expectations of a -0.3% decline. US Industrial Production did not help matters, because it fell 0.2% MoM (0% expected) and dropped …
Fed Hike Creates A Choppy Ride
[Chart courtesy of MarketWatch.com] Moving the markets Fed head Powell came out and did the expected, namely hike rates by 0.5% to maintain the efforts of crushing inflation. However, the Fed also signaled that it will not only hike rates higher than traders had anticipated but also hold those rates higher for longer, a hawkish theme that I have pounced …
Thriving And Diving
[Chart courtesy of MarketWatch.com] Moving the markets After the release of the highly anticipated CPI report, which came in “cooler” than expected, the major indexes stormed ahead with the Dow scoring a quick 400-point gain. The S&P 500 recouped its 200-day M/A but gave back that “victory” later in the session. The CPI increased just +0.1% from the prior month …