A new section is now published and will grow as new MetaStock Explorations and MasterDATACSV filters are developed.Â Your comments, suggestions and experience with theseÂ approaches may be easily posted at the end of each ofÂ these pages.
Look in the left column of any page under the “Explorations & Filters” heading for the list ofÂ topics currently published.Â Or, you may click here.Â All of the Explorations listedÂ are included in the MasterDATA Composite Plug-in subscription.Â Applying these filters outside of MetaStock using the historical composite / breadth datafiles available to MasterDATACSV subscribers is also discussed.
There is a new version of the MasterDATA Composite Plug-in available for download at the following URL:
Because this revision is so important, I felt this brief and immediate notification to current and previous subscribers appropriate.Â A full write-up will be completed in the next few days.
Current users should download and install from the “Download and Update” link (second one down on the page.Â This will insure that your own work and settings will not be overwritten.Â Everything on your end will continue to work as is with no modification.
This revision addresses several bugs in previous versions, particularly relating to MetaStock’s Exploration function.Â Numerous Explorations are now included to demonstrate that function using composite / breadth data.Â Similarly, many new Custom Indicators are added to support those Explorations and, hopefully, make the MasterDATA Composite Plug-in easier to use overall.
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.
On the MasterDATA.com home page is a report listing all ETFs by 1 month (20 trade sessions) performance titled “All US Stocks ETFs By Descending PerCent Change” (Use the drop down menus to get to the report).Â It is very interesting to watch the rotation of sector leaders, as reflected in the related ETFs, appear at the top of the list.Â A few months ago it was oil and gas, then gold, and now construction and real estate.Â Something similar happens in our monthly ETF additions and deletions but perhaps a bit earlier than waiting for the group to get to the top of the list.Â For instance, toward the end of last year (2007) and the beginning of this year many ProShares “short” funds rose to the top 111 trade volume ETF list as well as some real estate oriented ETFs.Â Many believe that volume is everything.Â From what happened in January and seeing the real estate oriented ETFs now topping the one month performance list, maybe it is.Â Â Â To review all of the additions / deletions to MasterDATA’s Compilation List since the beginning, click hereÂ or on “Monthly List Revisions” in the left column under “Categories”.
ETFs falling out of the top 111 top trade volume ETFs for two consecutive months are deleted. This means that an ETF on MasterDATA’s Compilation List will remain on the list for a minimum of two months. This also means that our compilation list will number in excess of 111 ETFs on a continual basis.
New ETF Additions:
These new additions ranked in the top 111 trade volume ETFs at month end February, 2008.
ProShares Ultra Oil & Gas (DIG)
Market Vectors Coal ETF (KOL)
PowerShares Dynamic Healthcare Services Portfolio (PJT)
Vanguard Materials VIPERs (VAW)
Vanguard Mid-Cap Value VIPERs (VOE)
Vanguard Mid-Cap Growth VIPERs (VOT)
Potential Cut List:
The ETFs listed below previously ranked in the top 111 trade volume ETFs. Two consecutive months out of a top 111 ranking will result in the ETF being deleted from MasterDATA’s Compilation List. Charts, reports and datafiles continue to be generated for these ETFs until they fall below the top 111 ETFs for two consecutive months.
HOLDRS Merrill Lynch Broadband (BDH)
HOLDRS Internet (HHH)
iShares DJ Oil & Gas Exploration & Production Index Fund (IEO)
iShares Dow Jones U.S. Consumer Services Sector Index Fund (IYC)
PowerShares International Dividend Achievers Portfolio (PID)
ProShares Short QQQ (PSQ)
PowerShares Dynamic Oil & Gas Services Portfolio (PXJ)
Claymore/Zacks Sector Rotation ETF (XRO)
The deleted ETFs below experienced trade volume less than the top 111 ETFs for two consecutive months.
iShares Goldman Sachs Natural Resources Index Fund (IGE)
PowerShares Aerospace & Defense Portfolio (PPA)
PowerShares FTSE RAFI US 1000 Portfolio (PRF)
ProShares Short Russell2000 (RWM)
HOLDRS Software (SWH)
SPDR Semiconductor (XSD)