ETF Data updated through Thursday, October 29, 2020 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 …
Digging A Hole And Staying In It
[Chart courtesy of MarketWatch.com] Moving the markets The markets dug themselves an early hole and never managed to climb out of it, despite several attempts. But, in the end downside momentum accelerated, and we closed at the lows for the day. The futures again pointed to weakness with Germany and France set to impose new lockdowns in addition to the …
Bouncing Like A Pinball
[Chart courtesy of MarketWatch.com] Moving the markets One look at the S&P 500 chart above shows the lack of direction and the aimless meandering that underscored today’s session with 2 of the 3 major indexes closing in the red by a small margin. If I am repeating myself, it’s only because the same issues are plaguing the markets, rising coronavirus …
Volatility Pops—Market Drops
[Chart courtesy of MarketWatch.com] Moving the markets The futures markets already indicated equity weakness, which was confirmed after the opening bell rang. Stocks opened in the red and dove for most of the session until some buyers stepped in and reduced the early losses. The storyline was the same as we heard last week, except traders have now come accept …
ETF Tracker Newsletter For October 23, 2020
ETF Tracker StatSheet You can view the latest version here. AIMLESS MEANDERING [Chart courtesy of MarketWatch.com] Moving the markets While the chart above shows a nice rebound for the S&P 500 off its mid-day lows, keep in mind that today’s activity happened within a very narrow trading range of less than 1%. Traders were not willing to commit one …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 10/22/2020
ETF Data updated through Thursday, October 22, 2020 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 …