ETF Data updated through Thursday, October 26, 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. …
Bond Yields Bite Big Tech: Nasdaq And S&P 500 Join Correction Club
[Chart courtesy of MarketWatch.com] It was another brutal day for stocks, as the Nasdaq Composite plunged deeper into the red zone, thanks to Meta’s disappointing earnings. The tech giant formerly known as Facebook failed to wow investors with its metaverse vision, and its stock dropped more than 10%. The Nasdaq Composite is now down more than 10% from its July …
Market Suffers As Alphabet Disappoints, Bond Yields Spook Growth Investors
[Chart courtesy of MarketWatch.com] The market went down the drain on Wednesday, thanks to Alphabet’s disappointing cloud numbers that dragged down the whole tech sector. The 10-year Treasury yield also bounced back above 4.95%, spooking growth investors and sending the 30-year above 5% again. Alphabet stock plunged over 9%, its worst drop since last October, as its cloud revenue fell …
Stocks Rise After Flip-Flopping, But Tech Giants Face Valuation Challenge
[Chart courtesy of MarketWatch.com] Stocks finally decided to go up on Tuesday, after changing their minds a few times, as investors paid attention to the latest earnings reports and bond yields. The 10-year yield stayed away from the scary 5% mark, which was a relief for everyone. Coca-Cola made more money than expected, and its stock jumped more than 3%. …
Treasury Yields Play Hide And Seek With 5%, Stocks End Lower
[Chart courtesy of MarketWatch.com] Monday was another wild ride for the stock market, as Treasury yields played peek-a-boo with the 5% mark. The 10-year note briefly crossed that threshold, only to retreat when hedge fund honcho Bill Ackman revealed that he had cashed out his bond shorts (with a nice profit) and warned that the economy was cooling off faster …
ETFs On The Cutline – Updated Through 10/20/2023
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 …