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 September 27, 2019
ETF Tracker StatSheet You can view the latest version here. SLUMPING INTO THE WEEKEND [Chart courtesy of MarketWatch.com] Moving the markets An early 100-point gain on the Dow evaporated in a hurry and turned into a 150-point loss at one point, after a report that the White House had thrown down the gauntlet by contemplating delisting Chinese stocks from …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 09/26/2019
ETF Data updated through Thursday, September 26, 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 …
Headline Ping Pong
[Chart courtesy of MarketWatch.com] Moving the markets The markets were trading in the red for most of the session, as the latest trade headlines pushed equities further south and then gave traders hope that optimism is warranted. When things looked bleak at mid-day, Reuters managed to provide the algos with some ammo to drive the indexes out of the doldrums …
Triple Whammy Smashes Equities
[Chart courtesy of MarketWatch.com] Moving the markets Early hopes, that successful trade talks might be on deck during October, were dashed today when Trump criticized China in no uncertain terms during his UN speech. The result was that the early rally shifted in reverse with the pullback accelerating and pushing the major indexes deeper in the red. Things worsened when …
Stuck In A Rut
[Chart courtesy of MarketWatch.com] Moving the markets Early aimless meandering turned into a modest rally mid-day, but positive momentum faded in the end with the major indexes diving into the close with nothing to show for. It came as no surprise that defensive sectors, such as consumer staples, led for most of the day, as the ‘weaker growth’ meme was …