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 May 6, 2022
ETF Tracker StatSheet You can view the latest version here. TROUNCING AND BOUNCING [Chart courtesy of MarketWatch.com] Moving the markets After the Dow dropped another 400 points to start the session, dip buyers stepped in and pushed the major indexes just above their unchanged lines. Giving an assist in this sudden turnaround, was Fed mouthpiece Kashkari by hinting that …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 05/05/2022
ETF Data updated through Thursday, May 5, 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 …
From Relief Rally To Bloodbath
[Chart courtesy of MarketWatch.com] Moving the markets Today’s bloodbath in equities makes yesterday’s “rebound of hope” look like a dead cat bounce, as dip buyers were not to be found anywhere. “Stunning” best describes this sudden reversal, which erased yesterday’s profits and then some. With the Dow tumbling over 1,000 points, domestic equities notched their worst day of the year …
Fed’s Modest Rate Hike Pleases Markets
[Chart courtesy of MarketWatch.com] Moving the markets While the headlines were screaming “Fed fires off biggest interest-rate hike since 2000,” the reality of it is that the increase in the Fed Funds rate from 0.5% t0 1% is hardly enough to fight inflation with a current CPI of 8.5%, which likely will explode higher next week with the latest data …
Waiting For The Fed
[Chart courtesy of MarketWatch.com] Moving the markets Aimless meandering best describes today’s session during which rally attempts were rebuffed with the major indexes dropping, bouncing off their respective unchanged lines and ending up moderately in the green. Ahead of the Fed’s decision on interest rates tomorrow, the market environment was one of nervousness with the tug-of-war continuing between those traders …