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 August 18, 2023
ETF Tracker StatSheet You can view the latest version here. THE FED VS NVIDIA: WHO WILL WIN THE MARKET BATTLE? [Chart courtesy of MarketWatch.com] Moving the markets It was a boring day on Wall Street, as the major indexes barely moved from their opening levels. They started the day in the red, but slowly crawled out of their holes …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 08/17/2023
ETF Data updated through Thursday, August 17, 2023 How to use this StatSheet: Out of the 1,800+ ETFs out there, I only pick the ones that trade over $5 million per day (HV ETFs), so you don’t get stuck with a lemon that nobody wants to buy or sell. Trend Tracking Indexes (TTIs) These are the main indicators that tell …
Market In Turmoil: Stocks And Bonds Fall Together As Traders Lose Hope In Fed
[Chart courtesy of MarketWatch.com] Moving the markets The Fed’s July meeting minutes have caused quite a stir in the market today. Traders are struggling to swallow the bitter pill of rising rates, along with a mixed bag of earnings and economic data. The 10-year bond yield jumped to its highest level since last October, and rates across the board (including …
Fed Minutes Crush Traders’ Hopes Of Rate Pause
[Chart courtesy of MarketWatch.com] Moving the markets The Fed’s July meeting summary was a wake-up call for those traders who were dreaming of a pause in the rate hikes. The summary was as blunt as a hammer: Inflation is way too high, the labor market is too tight, and we see more risks of inflation going up, so we might …
Why Good News Is Bad News For The Markets
[Chart courtesy of MarketWatch.com] Moving the markets The markets were caught off guard by a double whammy of bad news, and they took a dive. On one hand, bond yields rose again, signaling higher borrowing costs and inflation fears. On the other hand, China’s economy showed signs of slowing down and struggling with debt. Meanwhile, the US economy seemed to be …