[Chart courtesy of MarketWatch.com] Moving the markets The U.S. consumer is in the spotlight this week, as three retail giants – Home Depot, Target, and Walmart – are set to report their earnings. We’ll also get a glimpse of how shoppers spent their money in July, with the retail sales data coming out on Tuesday morning. These reports come on …
ETFs On The Cutline – Updated Through 08/11/2023
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 August 11, 2023
ETF Tracker StatSheet You can view the latest version here. STOCKS AND BANK RESERVES DIVERGE: A CROCODILE TRAP? [Chart courtesy of MarketWatch.com] Moving the markets The stock market was stuck in a rut today, as the Nasdaq and S&P 500 closed slightly lower after some ups and downs. The Nasdaq has been on a losing streak for two weeks …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 08/10/2023
ETF Data updated through Thursday, August 10, 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 …
Inflation Report Triggers Market Whiplash
[Chart courtesy of MarketWatch.com] Moving the markets The latest consumer price index (CPI) report showed that inflation in July was lower than expected on a yearly basis, but still higher than the Fed’s comfort zone. The report also indicated that real average weekly earnings did not change last month, which could be seen as a positive sign for consumers. However, …
Markets Fall As CPI Report Looms; NVDA Leads AI Bust
[Chart courtesy of MarketWatch.com] Moving the markets The markets were nervous as they awaited the CPI report for July, which will be released tomorrow, and the PPI report for the same month, which will come out on Friday. These reports will show how much prices have changed for consumers and producers, and they may influence the Fed’s decision on interest …