[Chart courtesy of MarketWatch.com] Moving the markets The markets had a bad hair day on Tuesday as they waited for the Federal Reserve to wake up and make a move. After plunging in the middle of the day, the major indexes clawed their way back up but still ended in the red. The central bank’s two-day meeting started on Tuesday, …
S&P 500 Snoozes As Investors Brace For Fed Surprise
[Chart courtesy of MarketWatch.com] Moving the markets The S&P 500 was bored on Monday as investors waited for the Federal Reserve to make up its mind about the interest rates. The S&P 500 and the Nasdaq were both losers for the second week in a row, while the Dow managed to squeeze out a tiny win. Oil prices soared to …
ETFs On The Cutline – Updated Through 09/15/2023
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 15, 2023
ETF Tracker StatSheet You can view the latest version here. TECH WRECK: MARKET PLUNGES AS INFLATION FEARS LOOM [Chart courtesy of MarketWatch.com] Moving the markets The market had a bad case of the Fridays, as tech stocks led the way down and erased most of the gains from earlier this week. Auto stocks were the exception, as Ford, GM …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 09/14/2023
ETF Data updated through Thursday, September 14, 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 Who? Market Surges On Strong Retail Sales And Short Squeeze
[Chart courtesy of MarketWatch.com] Moving the markets The market soared today as investors shrugged off inflation fears and snapped up stocks that were heavily shorted. This triggered a powerful short squeeze that boosted our domestic TTI deeper into the green zone. This means we can breathe a sigh of relief and postpone any potential “Sell” for now. The market optimism …