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What’s All UP?

Source: http://feedproxy.google.com/~r/qvmgroup/yrMF/~3/H7NqZOCBjYM/4019
Posted on Thursday, May 21st, 2009 | In Bonds, Market Commentary
Contributed by: Richard Shaw (http://www.QVMgroup.com) -

Fixed income continues to be the steady upward asset, but not all fixed income.

Sorting through the 270 ETFs with at least $1 million per day in trading volume, looking for those that are strongly upward moving, we find these 13 hitting on all cylinders:

all-up

Criterion Tests:

In addition to the liquidity of $1 million per day in volume, we used this stringent test to identify the strongest ETFs in term of established upward trend:

  • 40-wk average for this week > 40-wk average for 4 weeks ago
  • 20-wk average for this week > 20-wk average for 4 weeks ago
  • 10-wk average for this week > 10-wk average for 4 weeks ago
  • 5-wk average for this week > 5-wk average for 4 weeks ago
  • 40-wk average for this week > 40-wk average for 2 weeks ago
  • 20-wk average for this week > 20-wk average for 2 weeks ago
  • 10-wk average for this week > 10-wk average for 2 weeks ago
  • 5-wk average for this week > 5-wk average for 2 weeks ago
  • price > 40-wk average
  • 5-wk average > 40-wk average
  • 10-wk average > 40-wk average
  • 20-wk average > 40-wk average
  • price > 5-wk average
  • 5-wk average  > 10-wk average
  • 10-wk average  > 20-wk average

There are others that are in various stages of approach to these conditions, but these 13 are the ones that are there as of this time.

Securities mentioned: AGG, BND, BSV, CFT, CIU, CSJ, MBB, PVI, PZA, SHM, SHV, SHY

Richard Shaw
QVM Group LLC

Last 5 posts by Richard Shaw





About Richard Shaw (http://www.QVMgroup.com)
Richard is a principal of QVM Group LLC, a fee-based investment advisor based in Connecticut with clients across the country. He provides investment coaching to "do-it-yourself" investors, and manages portfolios for those who prefer not to make their own decisions.

His investment approach is based on value, asset allocation, benchmarking, expense control, risk management, customizing portfolios to each client's specific circumstances, and regular communication about strategy and performance.

The QVM Group team also provides municipal refinance services, strategic business planning and financial analysis service for new ventures, private acquisition analysis, and custom investment research.

Richard's extensive experience, includes serving on the Board of Directors of Aberdeen Asset Management PLC (London Stock Exchange: ADN), membership on the Board of Directors of Phoenix Investment Counsel (renamed Virtus Investment Advisors), a U.S. pension manager and investment advisor to the Phoenix Funds (renamed Virtus Funds), as well as serving as Managing Director of a series of offshore investment funds based in Luxembourg. He has led institutional asset management sales and had overall responsibility for management of a U.S. mutual funds broker-dealer.

He was a charter investor and member of the Board of Directors of several internet companies, including Lending Tree prior to its IPO. He is a graduate of Dartmouth College.

QVM Group LLC is a Registered Investment Advisor.

Visit the QVM Group website http://www.qvmgroup.com/QVMinvest/

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