ETF Tracker StatSheet You can view the latest version here. BOND YIELDS RISE TO 5%, STOCKS DROP TO NEW LOWS [Chart courtesy of MarketWatch.com] Stocks got another slap in the face Friday, as traders freaked out over the 10-year Treasury yield flirting with 5%, a level that spells trouble for the economy and the stock market. Higher yields mean …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 10/19/2023
ETF Data updated through Thursday, October 19, 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 Loses Hope After Powell’s Speech: Inflation And Interest Rates Bite
[Chart courtesy of MarketWatch.com] The stock market had a bad day on Thursday, thanks to Fed chair Powell’s party-pooper speech. He said that inflation was still too high for comfort, and that the economy might have to slow down a bit to cool it off. He basically said: We’re doing a great job at creating jobs and keeping prices stable. …
Gold Shines As Stocks Sink On Interest Rate Fears And Chip Woes
[Chart courtesy of MarketWatch.com] The stock market had a rough day on Wednesday, after the S&P 500 got too close to its glass ceiling and bounced back down. It was a busy day for earnings reports and rising interest rates, which made investors nervous and jittery. The 10-year bond yield jumped over 4.9%, the highest since 2007. That’s bad news …
Markets Ride The Roller Coaster Of Rising Yields And Earnings
[Chart courtesy of MarketWatch.com] The markets were like a roller coaster on Tuesday, as investors felt the heat from rising bond yields. But they also got some relief from the third-quarter earnings season that kicked off with a bang. The 10-year U.S. Treasury yield soared to 4.84%, the highest since Oct. 6 — when it was a hair away from …
Earnings Boost Stocks, Bond Yields And Middle East Woes Weigh
[Chart courtesy of MarketWatch.com] Traders had a lot on their plate on Monday: a flood of corporate earnings reports, rising bond yields, and simmering tensions in the Middle East. But they chose to focus on the positive and pushed stocks higher. The S&P 500 rose by about 1%, but it still faces a hurdle: the top of its downward trend …