ETF Tracker StatSheet https://theetfbully.com/2017/06/weekly-statsheet-etf-tracker-newsletter-updated-06012017/ SAME OLD STORY: ANY NEWS IS GOOD NEWS FOR THE MARKETS [Chart courtesy of MarketWatch.com] Moving the Markets After yesterday’s euphoric reaction to ADP’s private sector hiring report, reality set in this morning when the BLS released the May jobs report showing that only a disappointing 138k jobs were added in May, which was far below …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 06/01/2017
ETF Data updated through Thursday, June 1, 2017 Methodology/Use of this StatSheet: 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. Trend Tracking Indexes (TTIs) Buy or Sell decisions for Domestic and International ETFs (section …
Afternoon Rally Starts June With A Bang
[Chart courtesy of MarketWatch.com] Moving the Markets Private sector hiring as reported by ADP, which added a seasonally adjusted and bigger–than-expected 253k rise in employment for May, set the tone for the market, as the major indexes climbed steadily above the unchanged line and into record territory. As has been the case in the recent past, negative news like US …
Closing Out May On A Weak Note
[Chart courtesy of MarketWatch.com] Moving the Markets For the second day in a row, the major indexes limped slightly lower but ended up closing the out the month on the plus side. The Nasdaq took the lead with +2.5%, followed by the S&P 500 with +1.2%, while the Dow desperately hung on to the unchanged line but conquering it by …
Going Nowhere Fast
[Chart courtesy of MarketWatch.com] Moving the Markets The markets seemed to have a hangover after the 3-day weekend with the major averages remaining stuck below the unchanged line giving back some of last week’s gains. Macro data continues to head south as consumer confidence dropped to its weakest since February confirming that hope has faded as evidenced by plans to …
ETFs On The Cutline – Updated Through 05/26/2017
Below please find the latest High Volume ETFs 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 366 High Volume ETFs ETFs, defined as those with an average daily volume of more than …