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 322 High Volume ETFs, defined as those with an average daily volume of more than $5 million, of …
ETF Tracker Newsletter For January 3, 2020
ETF Tracker StatSheet You can view the latest version here. WAR DRUMS KEEP MARKETS IN CHECK [Chart courtesy of MarketWatch.com] Moving the markets The markets pulled back today as a result of the US counterstrike in Iran, which focused on taking out a high-ranking military commander. Obviously, that escalated Middle East tensions with threats like “hard revenge awaits criminals,” …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 01/02/2020
ETF Data updated through Thursday, January 2, 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 …
Roaring Into 2020
[Chart courtesy of MarketWatch.com] Moving the markets The major indexes continued where they left off on the last day of 2019 and roared into 2020 with utter abundance, with all three of them gaining solidly. The entire session was supported by the bullish theme of last year, and we ended up accelerating into the close, although SmallCaps underperformed. A big …
Ending The Year On An Upbeat Note
[Chart courtesy of MarketWatch.com] Moving the markets Despite the major indexes hovering below their respective unchanged lines for most of the session, a last hour boost pushed them back into the green, thereby closing the last trading day of the year on a positive note. Low volume and profit taking by traders had equities in the red, until a slow …
Taking A Dive
[Chart courtesy of MarketWatch.com] Moving the markets For the first time in some 4 weeks, equity markets took a dive right at the opening and, despite a valiant attempt to rebound back to the various unchanged lines, they stalled and slid into the close. However, given the relentless move higher over the recent past, today’s pullback is hardly worth mentioning, …