ETF Tracker Newsletter For October 13, 2017

ETF Tracker StatSheet


[Chart courtesy of]

  1. Moving the Markets

The trading range for the major indexes turned out to be a narrow one not just for the day but for the week as well. Nevertheless, we closed slightly up with the Nasdaq logging its 57th all-time high. While weekly gains were modest, they stretched across all asset classes including stocks, bonds (Treasuries and Corporate), gold and crude oil.

In ETF space, we saw more winners than losers. Leading the charge to the upside today were Emerging Markets (SCHE) with +0.94% followed by Semiconductors (SMH) with +0.68% and International SmallCaps (SCHC) with +0.55%. On the downside, Transportations (IYT) gave back -1.04% of their recent gains as did Aerospace & Defense (ITA), which slid -0.45%.

Interest rates continued their slide with the 10-year yield slipping 5 basis points to end the day at 2.28%. That helped the 20-year bond (TLT) price to jump +0.72%. After several attempts, gold finally succeeded in conquering its $1,300 milestone again by gaining +0.74%. The US dollar traded in a tight range and remained unchanged for the session but fell for the week.

  1. ETFs in the Spotlight (updated for 2017)

In case you missed the announcement and description of this section, you can read it here again.

It features 10 broadly diversified and sector ETFs from my HighVolume list as posted every Saturday. Furthermore, they are screened for the lowest MaxDD% number meaning they have been showing better resistance to temporary sell offs than all others over the past year.

The below table simply demonstrates the magnitude with which some of the ETFs are fluctuating in regards to their positions above or below their respective individual trend lines (%M/A). A break below, represented by a negative number, shows weakness, while a break above, represented by a positive percentage, shows strength.

For hundreds of ETF choices, be sure to reference Thursday’s StatSheet.

Year to date, here’s how the 2017 candidates have fared so far:

Again, the %M/A column above shows the position of the various ETFs in relation to their respective long term trend lines, while the trailing sell stops are being tracked in the “Off High” column. The “Action” column will signal a “Sell” once the -7.5% point has been taken out in the “Off High” column.

  1. Trend Tracking Indexes (TTIs)

Our Trend Tracking Indexes (TTIs) dropped slightly due to the weekly recalculation of the respective moving averages (M/As):

Here’s how we closed 10/13/2017:

Domestic TTI: +3.07% (last close +3.17%)—Buy signal effective 4/4/2016

International TTI: +7.10% (last close +7.41%)—Buy signal effective 7/19/2016

Disclosure: I am obliged to inform you that I, as well as my advisory clients, own some of the ETFs listed in the above table. Furthermore, they do not represent a specific investment recommendation for you, they merely show which ETFs from the universe I track are falling within the guidelines specified.



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About Ulli Niemann

Ulli Niemann is the publisher of "The ETF Bully" and is a Registered Investment Advisor. Learn more
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