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 September 4, 2020
ETF Tracker StatSheet You can view the latest version here. DOW ROUNDTRIPS 600 POINTS IN VOLATILE SESSION [Chart courtesy of MarketWatch.com] Moving the markets Yesterday’s sell-off continued with utter abandon early on, but mid-day buying limited the losses, however, the tech sector again took the biggest beating. The relentless waves of selling caused me to liquidate one of our …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 09/03/2020
ETF Data updated through Thursday, September 3, 2020 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 …
Dumping Into The Red
[Chart courtesy of MarketWatch.com] Moving the markets Yesterday’s “reckless advance,” as I titled it, hit the skids today with a long overdue correction instilling some reality in the markets that nothing can go up forever nor in a straight line. As a result, the major indexes plunged with the Nasdaq setting the dubious record of giving back the most, namely …
Recklessly Advancing
[Chart courtesy of MarketWatch.com] Moving the markets Yesterday’s positive 1st trading day in the historically volatile month of September continued full force with the major indexes surging, as the S&P 500 and Nasdaq set new records in the process. Traders took some profits out of highflyers like Apple and Tesla and rotated into more beaten-down shares in other parts of …
Kicking Off September With New Records
[Chart courtesy of MarketWatch.com] Moving the markets After yesterday’s modest pullback (Dow and S&P), all of the major indexes came screaming back with the Nasdaq and S&P 500 ending up in record high territory, while the Dow did not set any records but sported a solid gain of +0.76%. To no surprise, the Nasdaq took top billing with a studly …