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 August 19, 2022
ETF Tracker StatSheet You can view the latest version here. OPTIONS EXPIRATIONS DAY WHACKS MARKETS [Chart courtesy of MarketWatch.com] Moving the markets Bulls were nowhere to be found today, as the $2.1 Trillion options expiration day exacted a pound of flesh from the markets, thereby breaking the S&P 500’s 4-week win streak. The summer rally hit the skids and …
Gingerly Advancing
[Chart courtesy of MarketWatch.com] Moving the markets Despite the Dow setting the bullish pace early on, the S&P 500 and Nasdaq struggled through the session by bouncing above and below their respective trend lines, with the former eking out a small gain and the latter falling short of it. The Dow benefitted from earnings results of Walmart and Home Depot, …
Keeping The Bullish Theme Alive
[Chart courtesy of MarketWatch.com] Moving the markets After a sharp opening drop, led by energy and financials, the major indexes reversed course, dug themselves out of a hole and rallied to a green close. The rebound came despite disappointing economic data out of China, as their Central Bank out of nowhere decided to cut rates, which seems to indicate that …
ETFs On The Cutline – Updated Through 08/12/2022
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 August 12, 2022
ETF Tracker StatSheet You can view the latest version here. DOMESTIC TREND TRACKING INDEX (TTI) CROSSES INTO BULLISH TERRITORY [Chart courtesy of MarketWatch.com] Moving the markets During yesterday’s morning rebound, my proprietary Domestic Trend Tracking Index (TTI) peeked above its long-term trend line into bullish territory. Weakening afternoon momentum pulled the index back below its line, but I took …