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 365 High Volume ETFs ETFs, defined as those with an average daily volume of more than …
ETF Tracker Newsletter For November 25, 2016
ETF Tracker StatSheet https://theetfbully.com/?p=18121&preview=true Market Commentary Major Indexes Inch Higher During Holiday Shortened Week [Chart courtesy of MarketWatch.com] Moving the Markets There was no letting up this week as the major indexes kept the rally going with the only fly in the ointment being extremely low volume as many traders took off for the Thanksgiving holiday. The S&P 500 managed …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 11/23/2016
ETF Data updated through Wednesday, November 23, 2016 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 …
Rebounding Into Thanksgiving
[Chart courtesy of MarketWatch.com] Moving the Markets An early sell-off in the S&P 500 was short lived as Wall Street traders and computer algos stepped in and pushed the index back above its unchanged line eking out another record high as an early holiday present. The industrial sector was the driver behind this rebound boosted by a jump in orders …
Priced To Perfection
[Chart courtesy of MarketWatch.com] Moving the Markets The post-election levitation continued as the major indexes edged higher with the S&P 500 and the Dow taking out new milestone markers for the first time; i.e. the 2,200 and 19,000 levels, although with low volume during this Holiday shortened week. Again, Wall Street’s focus remains on the Trump promises of less regulations, …
Major Indexes Jump To Record Highs
[Chart courtesy of MarketWatch.com] Moving the Markets The Trump pump continued with full force as all 3 major indexes set record closing highs today supported by energy and commodity shares. Oil prices jumped and managed to gain almost 4%. There were no actual news events driving this rally other than investors jumping on the Trump theme of massive infrastructure projects …