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 18, 2016
ETF Tracker StatSheet ————————————————————- https://theetfbully.com/2016/11/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-11172016/ ———————————————————— Market Commentary MAJOR INDEXES PULL BACK HEADING INTO THE WEEKEND [Chart courtesy of MarketWatch.com] Moving the Markets The post election bull market slowed down today, and the major indexes finished with slight losses. The dollar was on a tear again and extended its rally in part supported by Fed chief Yellen’s comments that boosted …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 11/17/2016
ETF Data updated through Thursday, November 17, 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 …
Bond Yields Spike But Major Indexes Crawl Higher
[Chart courtesy of MarketWatch.com] Moving the Markets Fed chief Yellen was in the spotlight during her congressional testimony at which time she pointed out that the election outcome has not changed the Fed’s plan for a rate increase “relatively soon” and absent any dramatic changes, a gradual pace of hikes thereafter. Sounds like the same rhetoric we’ve heard all year …
A Pause In The Post-Election Rally
[Chart courtesy of MarketWatch.com] Moving the Markets It was a mixed day with the S&P meandering slightly below its unchanged line caused by Wall Street digesting a healthy dose of economic data points. Industrial production tanked again and has now contracted for the 14th straight month, which is its longest non-recessionary streak in 96 years. To look at it another …
Post Election Updraft Continues
[Chart courtesy of MarketWatch.com] Moving the Markets The major indexes extended their post election really with the Nasdaq being the winner of the day with a gain of +1.10%. The Dow managed to again creep into record territory while the S&P added a solid +0.75%. Energy stocks provided the fuel with oil racing ahead with a gain of +5.82% in …