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 29, 2023
ETF Tracker StatSheet You can view the latest version here. WALL STREET’S WILD RIDE: HOW AI, THE FED, AND GOLD SHAPED THE MARKETS IN 2023 [Chart courtesy of MarketWatch.com] The year 2023 failed to end with a bang for Wall Street, with the S&P 500 not soaring to new heights. However, it had a remarkable comeback from a dismal …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 12/28/2023
ETF Data updated through Thursday, December 28, 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. …
S&P 500 Inches Closer To New Peak, But Correction Fears Grow
[Chart courtesy of MarketWatch.com] The S&P 500 barely budged today, but it was enough to inch closer to a new record high. Wall Street is hoping to end 2023 with a bang, after a stellar fourth quarter that erased the losses of the previous one. The S&P is up 11.7% for the quarter, its best performance in three years, and …
Stocks Flat, Dollar Sinks, Gold Shines: A Tale Of Two Markets
[Chart courtesy of MarketWatch.com] The major indexes barely budged from their flat lines, as the S&P 500 flirted with its all-time high and missed it by a hair. Traders were itching to see a new record, but they knew it could be followed by a cold shower or a retreat. Stocks were enjoying the “Santa Claus rally,” a festive period …
Inflation Fears Ease, Boosting Stocks And Gold In Final Week Of The Year
[Chart courtesy of MarketWatch.com] The stock market kept up its momentum from last week and kicked off the final week of the year with a bang. The S&P 500 edged closer to its all-time high, as investors shrugged off the holiday blues and low trading volume. The upbeat mood was fueled by signs of easing inflation, which is getting closer …