As you know, we are starting to analyze some ETFs currently for our pair trading system. During our research we came across a free tool offered by NASDAQ that we wanted to pass along. Hope this helps your trading!
Interesting Free ETF Heatmap Tool offered by NASDAQ:
For anyone interested in learning more about what is happening with particular ETFs, we found a Heatmap offered by NASDAQ to be helpful.
Heatmaps help us identify what is moving in the market and make us aware of trends that are currently developing.
Details on the ETF Dynamic Heatmap:
You can view the price of 100 Exchange Traded Funds at a glance. Each colored rectangle represents an individual Exchange Traded Fund.
Delayed stock prices, and the color of the cells, update once a minute from 9:45 a.m. to 4:15 p.m. ET.
Green (or Blue) means the stock price is up.
Red means the stock price is down.
The deeper the color means the bigger the move.
You will need to put your mouse over a company cell to see an intraday pop-up chart.
Click here to view: ETF Heatmap