ETF Data updated through Thursday, March 5, 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 …
Down The Rollercoaster We Go; Bond Yields Collapse
[Chart courtesy of MarketWatch.com] Moving the markets If you thought current market behavior is simply nuts with each rally being followed by a collapse, you are correct. Despite a slightly rising tendency, the major trend direction is anything but clear and can change on a dime the next day. Today was no different, as the economic picture and the effects …
Shifting In Reverse; A New Rally Emerges
[Chart courtesy of MarketWatch.com] Moving the markets Despite the markets tanking yesterday, after the Fed surprise 0.5% interest rate cut, today we saw another bounce back, which in part may have been contributed by last night’s outcome of the Democratic primary vote. Or, as one analyst quipped, maybe, just maybe, Biden’s gains mean Trump more likely to win…and that sent …
Fed Cuts Rates—Equities And Bond Yields Plunge
[Chart courtesy of MarketWatch.com] Moving the markets Despite the Fed’s attempt to please the markets by cutting interest rates a surprising 0.50%, an initial spike reversed and down we went, with the major indexes giving back a large chunk of yesterday’s gains. Bond yields skidded with the widely followed 10-year touching a 0-handle intra-day for the first time ever but …
Intervention Hopes Power Markets
[Chart courtesy of MarketWatch.com] Moving the markets It comes as no surprise that after last week’s market drubbing, a rebound of some sort was in order. One analyst quipped by posting the question: Can a cat with a coronavirus bounce? At least for right now, it seems that way, as the major indexes, motivated and supported by the Bank of …
ETFs On The Cutline – Updated Through 02/28/2020
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 …