[Chart courtesy of MarketWatch.com] Moving the markets The S&P 500 barely budged Monday as the 10-year Treasury yield soared, and the market started the last week of September with a whimper. But hey, at least the index closed in the green. The 10-year Treasury yield reached 4.5%, hitting levels not seen since 2007 when it peaked at 4.57%. Remember 2007? …
ETFs On The Cutline – Updated Through 09/22/2023
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 September 22, 2023
ETF Tracker StatSheet You can view the latest version here. MARKETS HIT WALL OF WORRY, FED TALKS TOUGH, GOVERNMENT SHUTDOWN LOOMS [Chart courtesy of MarketWatch.com] Moving the markets The markets tried to shake off their blues, but hit a wall of red. The indexes turned around and slid below unchanged lines. They couldn’t make a comeback and ended up …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 09/21/2023
ETF Data updated through Thursday, September 21, 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. …
Stocks Slammed By Fed’s Hawkish Stance: Domestic “Sell” Signal Generated
[Chart courtesy of MarketWatch.com] Moving the markets The market had a terrible day on Thursday. Stocks fell like rocks, as bond yields soared to levels not seen in years. The Fed is to blame, as it plans to keep raising interest rates and keep them high for a long time. The Fed thinks the economy is too hot and inflation …
Fed Confuses Everyone: Markets Lose It
[Chart courtesy of MarketWatch.com] Moving the markets The Fed meeting was the main event of the day, as everyone waited with bated breath to see what the central bank would do with interest rates. Would they hike, cut, or hold steady? Would they signal a dovish or hawkish stance? Would they make any jokes or puns to lighten the mood? …