The first report covers the ETF Master List from Thursday’s StatSheet and includes 397 ETFs, of which currently 24 (last week 45) of them are hovering in bullish territory.
The second report includes only High Volume ETFs. 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 some 90 that I use in my advisor practice. It cuts out the “noise,” which simply means it eliminates those ETFs that I would never buy because of their volume limitations. Only 5 ETFs (last week 9) have managed to hang on in bullish territory after last week’s drubbing.
The third report covers Mutual Funds on the Cutline. There are currently 23 (last week 34) above the line and 839 below it out of the 862 that I follow.
Take a look: