Expanded Constituent Lists Added to MasterDATACSV.com Web Site

While current, issue name and symbol, constituent lists remain available without subscription from our MasterDATA.com web site, an expanded version of these lists are now available to subscribers on our MasterDATACSV.com web site.  These expanded constituent lists detail each component issue’s closing price, net change, volume, trend and numerous other statistics used in compiling the parent index / ETF composite / breadth statistics.  Like all other charts, reports and datafiles on our web sites, the daily data period .csv format datafiles are updated hourly throughout the trade session.  Other data periods are updated after the close.  To see an up to date example, click here for the Dow Jones Industrial Average expanded constituents list report.

MasterDATA Composite Plug-in Version 2.0 Released

We are very proud to announce version 2.0 of the MasterDATA Composite Plug-in.  Over two years ago the original version was developed in defiance of the then opinion that .csv format datafiles could never be made to work with MetaStock.  The new version is rewritten from the ground up.  Frankly, originally the main reason for rewriting the code was a switch in programming language from C+ to Power Basic.  But that change allowed many new features to be added in the process.  While we were at it, the entire installation, data download and program maintenance structure were totally streamlined.  The result is a very user friendly overall process.  Supporting the new plug-in is a brand new web site, http://www.masterdatacompositeplugin.com.

One of the biggest problems of the previous version of the MasterDATA Composite Plug-in was updating datafiles.  The download file was well over 25 megabytes and growing rapidly.  The size of this file alone undoubtedly discouraged users from updating data intraday and, frankly, probably ever.  Add to that a visit to the web site was necessary to click on a download link along with manually logging in.  If something is cumbersome, it eventually just stops being done.  This was definitely cumbersome.

The new version divides downloads into two types, intraday and overnight.  Intraday downloads simply update datafiles already on the user’s computer.  The result is a very fast update time requirement.  The overnight download transfers the entire datafile from start to finish to the user’s computer.  The overnight download is necessary because historical datafiles are almost constantly adjusted due to constituent list changes, component price and volume corrections and many other factors.  These overnight downloads are therefore larger and take more time, but the new incorporated MasterDATAlink program allows the process to be entirely automated so it can occur overnight while the user is away from his computer or, at least, completely transparent in the background.  By performing this full update overnight, the time required for intraday updates is minimized significantly.  Additionally, rather than transferring the MetaStock format price files during the download, they are created on the user’s end as part of the updating process.  The result is a much, much faster overall download time requirement.  Less required time equals more likelihood that downloads will occur.  No visit to the web site.  No logging in.  Everything involved with the download process may now be totally automated.

Additionally, significant new functionality was added to the plug-in.  MetaStock formulas may now be written that can call a desired, specified statistic by the MetaStock functions “base” symbol as in the past, but also by a specified symbol and / or specified data period.  For example, daily, weekly, monthly and quarterly advancing issues may be displayed in one chart.  This new flexibility provides some very illustrative charts and allows MetaStock to do even more things it has never been able to do before.  Importantly, it is not rocket science to accomplish.  The plug-in makes it quite easy.

The previous version of the plug-in also required MetaStock to be in a certain default location.  Version 2.0 of the MasterDATA Composite Plug-in allows Metastock to be located in any directory on any local drive.  Additionally, the plug-in supporting programs can now be installed in any location (although I still highly recommend using the default locations).

This new version of the MasterDATA Composite Plug-in provides a solid foundation for the future.  Not just for the evolution of the plug-in itself, but for the application of composite / breadth analysis of the markets and the growing ETF market.  This very user friendly version of the plug-in is absolutely necessary as we begin to delve into the discussion of how use use the data itself.

Recent Milestones (for the complete page go to http://www.masterdata.com/Content/Milestones.htm)

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November 1, 2007 – MasterDATA’s Index / ETF Compilation List Revised To Reflect Top 111 Trade Volume ETFs

 

Noteworthy this month, is the inclusion of numerous Vanguard VIPER ETFs in MasterData’s Compilation List.  Although many of these ETFs previously ranked in the 111 top trade volume ETFs, Vanguard only recently began to provide readily available, up to date constituent lists.  The eight Vanguard ETFs now included in our compilations are a welcome addition.  Thank you, Vanguard.

 
 

Important:  The delayed publication of up to date charts, reports and datafiles on November 1, 2007, resulted from issues in updating MasterDATA’s Compilation List overnight (there are almost always issues when adding new ETF constituent lists).  Future such revisions will henceforth occur on the first weekend of each month.  This will (should) reduce the chance for disruption to our normal publishing schedule.  We apologize for any inconvenience caused by the November 1st late publication.

 
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October 2, 2007 – MasterDATA’s Index / ETF Compilation List Revised To Reflect Top 111 Trade Volume ETFs

 

Additionally, one new stock index was added to MasterDATA’s compilation list, the Dow Jones U.S. Financials Index ($DJUSFN).  This added index on our compilation list supports the addition of a new ETF, ProShares Ultra Financials (UYG).

 
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September 2, 2007 – MasterDATA’s Index / ETF Compilation List Revised To Reflect Top 111 Trade Volume ETFs

   
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August 13, 2007 – All 136 Index and ETF Constituent Lists are Now Downloaded Daily From the Sponsor Sites

 

Our program code now includes the nightly download of current constituent lists from the various index and ETF sponsor web sites.  This significant programming accomplishment means that MasterDATA’s constituent lists are as up to date as the sponsor’s web site itself.  As a result, reports, charts and data available on our web sites are now significantly more accurate and reliable.  This was no small task.

   
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July 28, 2007 – MasterDATA’s Index / ETF Compilation List Revised To Reflect Top 111 Trade Volume ETFs

   
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July 16, 2007 – MasterDATA’s Complete ETF Download List Now Classifies Each ETF Into One Of 5 Categories:

 
 
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US Listed Stocks ETF:  All constituents trade on a US exchange.  ETFs with this classification may be considered for inclusion in MasterDATA’s index / ETF compilation list.

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Non-US Listed Stocks ETF:  One or more of the constituents do not trade on a US Exchange.  ETFs with this classification can not be considered for inclusion in MasterDATA’s index / ETF compilation list.

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Bond Based ETF:  The constituent list contains government and / or corporate debt instruments.  ETFs with this classification can not be considered for inclusion in MasterDATA’s index / ETF compilation list.

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Commodity Based ETF:  This classification of ETF has no constituents but is structured to reflect the valuation of a commodity such as gold, silver, oil or interest rates.  ETFs with this classification can not be considered for inclusion in MasterDATA’s index / ETF compilation list.

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Closed End Fund:  While often very similar in structure and trading to many ETFs, these funds (sometimes referred to as Closed End ETFs) are considered  traditional mutual funds but with a fixed number of outstanding shares.  ETFs with this classification can not be considered for inclusion in MasterDATA’s index / ETF compilation list.

   
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June 21, 2007 – All MasterDATA Web Sites Now Hosted On In-House Web Servers

 

In the past, the MasterDATA.com web site was hosted on a remote web server with the remaining MasterDATA sites hosted on in-house servers.  This structure reduced bandwidth demand on the in-house servers thus enhancing download and access times for subscribers to MasterDATA’s various subscription web sites.

 

Recently, the remote web servers  experienced frequent interruptions in service.  After promises to address the issue by the web hosting service failed to materialize, we made a decision to bring the MasterDATA.com web site in-house.  Bandwidth to our web sites has now been doubled to accommodate the additional web traffic.

   
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March 30, 2007 – MasterDATAlink Now Generates MetaStock Format Price Files

 

The MasterDATAlink downloader program released earlier this month now additionally generates MetaStock format datafiles.  Users now have the option of automatically creating MetaStock format price files (Metafiles) from the downloaded .csv composite / breadth datafiles.  Soon, capabilities will be added allowing creation of such datafiles to incorporate any data field within MasterDATACSV‘s downloadable .csv datafiles.

 

While MasterDATA’s plug-ins allow MetaStock to directly read our .csv composite / breadth datafiles, these values can only be plotted on MetaStock charts as lines or histograms (similar to values calculated within MetaStock formxulas).  Only MetaStock format files can be plotted as bar or candlestick charts.  This new MasterDATAlink capability presents infinite new possibilities for displaying market statistics within MetaStock.

 

Coming Soon 


In writing the new code for the MasterDATA Composite Plug-in, I knew I was also writing the code for both the MasterDATAlink program utilized by MasterDATACSV.com subscribers to download up to date composite / breadth datafiles as well as the MetaStockCSV Plug-in.  As a result, with a tiny bit of code modification, both revised programs will be published shortly.  The number of our products and services has been boiled down to two, the plug-in and the .csv format datafiles.  Yet users will access everything and more available to them in the past.  All the features detailed above for the MasterDATA Composite Plug-in, will be fully incorporated in the new revisions of these programs.

Once done, finally, we can get on to the business of finding applications for our composite / breadth data and MetaStock plug-ins.  I knew I could not proceed to this ultimate objective until everything else was in good order.  Damn the torpedoes, full speed ahead!

By the way, when we make a program or datafile change, one of our highest priorities will always be to provide the smoothest transition path possible for all subscribers.  Sometimes that is simply not possible.  When that happens we sincerely apologize.  Each new version release, keeps this objective in mind.

Monthly Letters To Subscribers
This letter is the third letter to subscribers this year.  I admit this letter is so long overdue that it can no longer be called a “monthly” update, but in my defense, the new MasterDATA Composite Plug-in took up most of the time period.  This was a monumental task that needed to be done.  Done properly, I believe a full rewrite will not be needed for the foreseeable future, if ever.

Future subjects will include what is on the site, new web site features, tutorials on using our composite data, application of traditional composite / breadth indicators, development of new composite / breadth indicators and many topics of value to subscribers.  Our objective is to support the use and enhance the value of composite / breadth analysis upon all varieties of composites be they markets, indexes and/or ETFs.

There is one further and important continuing commitment to you.  Letters will not be solicitations to buy or subscribe to anything.  Subscribers will be informed of new services, but we will make every effort to stick to the facts without any hype.  Finally, if you would rather not receive our monthly letter, a link will be provided at the bottom of each (including this one) to easily remove yourself from future mailings.

MasterDATA will never share or sell your email address, period.  Even if we have associations, affiliates, partners or any other kind of relationship, the only email you will ever receive as a result of subscribing to anything MasterDATA offers will be an email directly from MasterDATA.  We have all been sucked in by some seemingly reputable internet service or product that then distributed our email address to what seemed like every junk mailer on the web.  That will never happen here.

Composite data is the basis for many powerful trading tools.  It is my job to provide it to you in such a way that nothing gets in the way of your using it.   Comments, criticisms and suggestions are always appreciated.  I thank you for your past support and hope you continue with us.  In any event, good trading.

Best,

L.P. Carhartt
lc@masterdata.com

 

MasterDATA.comThe Only Source for Index & ETF Composite Reports & Charts –
MasterDATACSV.comUp to date, historical composite / breadth datafiles in .csv format on 28 major stock indexes and 111 top trade volume ETFs
MasterDATACompositePlugin.comAutomatically use our composite / breadth data in MetaStock
MetaStockCSV.comUse your own .csv format datafiles in MetaStock without import or conversion

 

MasterDATA’s Index / ETF Compilation List Revised To Reflect Top 111 Trade Volume ETFs

Our Index / ETF Compilation List is adjusted to, once again, reflect the top 111 trade volume ETFs.  Subject to our inclusion criteria, this list is revised monthly to continually contain the most highly traded, liquid US listed Exchange Traded Funds.

Noteworthy this month, is the inclusion of numerous Vanguard VIPER ETFs in MasterData’s Compilation List.  Although many of these ETFs previously ranked in the 111 top trade volume ETFs, Vanguard only recently began to provide readily available, up to date constituent lists.  The eight Vanguard ETFs now included in our compilations are a welcome addition.  Thank you, Vanguard.

Important:  The delayed publication of up to date charts, reports and datafiles on November 1, 2007, resulted from issues in updating MasterDATA’s Compilation List overnight (there are almost always issues when adding new ETF constituent lists).  Future such revisions will henceforth occur on the first weekend of each month.  This will (should) reduce the chance for disruption to our normal publishing schedule.  We apologize for any inconvenience caused by the November 1st late publication.

New ETF Additions

First Trust ISE Chindia (FNI)
First Trust Value Line 100 Fund (FVL)
HOLDRS Internet Architecture (IAH)
iShares DJ Oil & Gas Exploration & Production Index Fund (IEO)
PowerShares Dynamic Semiconductors Portfolio (PSI)
Vanguard Growth VIPERs (VUG)
Vanguard LargeCap VIPERs (VV)
Vanguard REIT VIPERs (VNQ)
Vanguard Small-Cap Growth VIPERs (VBK)
Vanguard Small-Cap Value VIPERs (VBR)
Vanguard Small-Cap VIPERs (VB)
Vanguard Total Stock Market VIPERs (VTI)
Vanguard Value VIPERs (VTV)

Deleted ETFs

Broadband HOLDRS (BDH)
Telecom HOLDRS (TTH)
First Trust Amex® Biotechnology Index Fund (FBT)
iShares Dow Jones U.S. Total Market Index Fund (IYY)
iShares Russell 3000 Growth Index Fund (IWZ)
iShares Russell Micro Cap Index Fund (IWC)
iShares S&P MidCap 400 Value Index Fund (IJJ)
PowerShares BLDRS Developed Markets ADR Index Fund (ADRE)
PowerShares Dynamic Biotechnology & Genome Portfolio (PBE)
PowerShares Dynamic Media Portfolio (PBS)
PowerShares Dynamic Pharmaceuticals Portfolio (PJP)
PowerShares Value Line Timeliness Select Portfolio (PIV)
ProShares Ultra MidCap400 (MVV)