We’re beginning to see a number of potential long-term uptrends showing up in certain exchange traded funds (ETFs) as the market continues to move higher, and our analyzer can help you spot them. In our asset management business, we have a master list we monitor daily that lists about 200 of the largest ETFs, but with more than 800 ETFs available today, only list those with assets above $50 million.
This is where the analyzer has been incredibly valuable to us: you can sort by 200-day moving average to see which funds are above or below.
It’s been a great tool for us to use as we slowly re-enter markets that have been below their trend lines for many months.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.