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 October 25, 2019
ETF Tracker StatSheet You can view the latest version here. SCRAMBLING AND TOUCHING NEW ALL-TIME HIGHS [Chart courtesy of MarketWatch.com] Moving the markets The hope that Amazon’s earnings report would provide the firepower to propel the markets into record territory proved to be false, as the behemoth showed its first profit drop in two years, causing its stock to …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 10/24/2019
ETF Data updated through Thursday, October 24, 2019 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 …
Seesawing—But Limping Higher
[Chart courtesy of MarketWatch.com] Moving the markets Yesterday’s last-minute pump, to get the major indexes to a green close, finally made sense, when it became known that the Fed had injected $134 billion in liquidity in the repo markets. This event sparked a furious last hour rally, which ZH charted like this. As the table shows, the increase in liquidity …
Chopping Around Key Technical Levels
[Chart courtesy of MarketWatch.com] Moving the markets Despite disappointing results from Boeing and Caterpillar, the markets managed an early ramp higher but were not able to sustain it, as a slow deterioration of upward momentum pulled the major indexes back below the unchanged line. Traders had one eye on the Brexit developments, where the latest parliamentary vote eased concerns about …
Touching The Glass Ceiling—And Running Out Of Steam
[Chart courtesy of MarketWatch.com] Moving the markets It sure was a day consisting of mixed reports and, as much as I searched, I could not find a reason that might have supported the early rally. Of course, the latest earnings reports took center stage, but it seemed the disappointing results from McDonalds, Travelers and UPS were overpowering the positive ones. …