ETF Data updated through Thursday, November 30, 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. …
Market Celebrates Thanksgiving With A Feast Of Gains, But Will It Face A Reality Check Soon?
[Chart courtesy of MarketWatch.com] The stock market celebrated Thanksgiving with a feast of gains, as the Dow Jones Industrial Average hit a new high for 2023 on Thursday. The index was boosted by inflation data that raised hopes of a Fed rate cut next year. The S&P 500 also managed to end the day in positive territory, while the Nasdaq …
Market Swings Between Hope And Fear As Fed Sends Mixed Signals
[Chart courtesy of MarketWatch.com] The stock market had a wild ride today, as investors were torn between hope and fear. On one hand, they hoped that the Fed was done hiking rates, and that the economy would be growing faster than expected. On the other hand, they feared that inflation was still a threat and that the Fed might change …
Fed Official Boosts Market With Dovish Comments, Gold Nears Record High
[Chart courtesy of MarketWatch.com] The stock market edged up slightly today, continuing its November comeback, after a Fed official hinted that interest rates may not go up any further. Christopher Waller, a Fed governor, said he was confident that the current policy was enough to cool down the economy and bring inflation back to the 2% target. He spoke ahead of …
The Fed, The Economy, And The Stock Market: A Tale Of Divergence
[Chart courtesy of MarketWatch.com] The stock market took a break from its recent rally on Monday, as investors digested the mixed signals from the economy and the Fed. The major indexes fell, ending a four-week winning streak, as the 10-year Treasury yield dropped below 5% after briefly touching that level in late October. The market shrugged off the warnings from …
Market Bulls Feast On Stocks, Ignore Economic Data And Fed Minutes
[Chart courtesy of MarketWatch.com] The market bulls were in a festive mood today, as stocks climbed higher despite some gloomy economic data and a delay in OPEC’s decision on oil production. The bond market, however, was not so cheerful, as the 10-year Treasury yield briefly dipped to its lowest level in two months before bouncing back. The rally was broad-based, …