[Chart courtesy of MarketWatch.com] The markets had a case of the Mondays, as they dipped after five weeks of gains. But they didn’t give up easily and bounced back in the afternoon to minimize the damage. While stocks were having a hard time, bitcoin and gold were having a party in overnight trading. Bitcoin soared past $41,000 to hit a …
ETFs On The Cutline – Updated Through 12/01/2023
Do you want to know which ETFs are hot and which ones are not? Then you need my High-Volume ETF Cutline report. It tells you how close or far each of the 311 ETFs I follow is from its long-term trend line (39-week SMA). These are the ETFs that trade more than $5 million a day, so they are not …
ETF Tracker Newsletter For December 1, 2023
ETF Tracker StatSheet You can view the latest version here. STOCKS SOAR, BONDS AND GOLD RALLY, BUT EXPERTS WARN OF TROUBLE AHEAD [Chart courtesy of MarketWatch.com] The markets soared on Friday, ending the best month of the year with a bang. The Dow Jones Industrial Average hit a new 2023 record, while the S&P and Nasdaq followed suit. But …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 11/30/2023
ETF Data updated through Thursday, November 30, 2023 How to use this StatSheet: These are the main indicators that tell you when to buy or sell Domestic and International ETFs (section 1 and 2). They do that by comparing their position to their long-term M/A (Moving Average). If they cross above, and stay there, it’s a green light to buy. …
Market Celebrates Thanksgiving With A Feast Of Gains, But Will It Face A Reality Check Soon?
[Chart courtesy of MarketWatch.com] The stock market celebrated Thanksgiving with a feast of gains, as the Dow Jones Industrial Average hit a new high for 2023 on Thursday. The index was boosted by inflation data that raised hopes of a Fed rate cut next year. The S&P 500 also managed to end the day in positive territory, while the Nasdaq …
Market Swings Between Hope And Fear As Fed Sends Mixed Signals
[Chart courtesy of MarketWatch.com] The stock market had a wild ride today, as investors were torn between hope and fear. On one hand, they hoped that the Fed was done hiking rates, and that the economy would be growing faster than expected. On the other hand, they feared that inflation was still a threat and that the Fed might change …