[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? …
Stocks Tumble, Fed Mumbles, Oil Rumbles, And Bonds Crumble
[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 …