While Tuesday’s rebound raised hopes of a turn in short-term market direction, Wednesday’s sharp drop put an end to that hope – at least for the time being. Weakness in all areas of the market becomes especially clear in the High Volume Cutline report due to it covering only 90 ETFs. To clarify, High Volume (HV) ETFs are defined as …
High Volume ETFs On The Cutline – Updated Through 6/8/2011
With the continued selloff, today’s High Volume ETF Cutline report offers some interesting insights in where the markets might be headed. To clarify, High Volume (HV) ETFs are defined as those with an average daily volume of $10 million or higher. These ETFs are generated from my selected list of 90 that I use in my advisor practice. It cuts …
ETF Leaders And Laggards – For The Week Ending 6/3/2011
Here are this past week’s top 5 winners and losers from my High Volume ETF Master List: With the domestic markets having sold off sharply, some of the country ETFs bucked the trend and headed higher. To a lesser degree this is also reflected in the broadly based VWO, which gained +0.48% as opposed to the SPY’s loss of -2.31%. …
A Peek At Socially Responsible ETFs
Several readers have inquired about socially responsible ETFs. Here’s the latest update called “Do-Good SRI ETFs Invest With Principles:” Now indexed exchange-traded funds also let people put their cash where their conscience is. An increasing number of ETFs track U.S. and international indexes of companies that show commitment to environmental, social and corporate governance criteria. Others focus on alternative energy …
Major Market ETFs Fall Back
There was some slippage in the market, and those exchange-traded funds (ETFs) representing the major indexes (DIA, QQQQ and SPY) pulled back a little. After the recent rebound, it’s no surprise that that the markets took a breather, but it could also have been a case of exhaustion. In the last 23 trading sessions, for example, the Dow (DIA) had …
ETFs Pop On Merger News—SPY Gains 1.55%
Who cared about global hotspots and disasters? Yesterday, it was all about merger mania and excitement over AT&T’s intention to buy T-Mobile U.S.A. for $39 billion. The markets jumped right out of the gate, as the chart above (courtesy of marketwatch.com) shows. The ETF equivalent of the S&P 500, SPY, added +1.55%, slightly more than its underlying index, while small …