[Chart courtesy of MarketWatch.com] Moving the markets The markets were nervous as they awaited the CPI report for July, which will be released tomorrow, and the PPI report for the same month, which will come out on Friday. These reports will show how much prices have changed for consumers and producers, and they may influence the Fed’s decision on interest …
China, Italy And Moody’s Spoil The Market Mood
[Chart courtesy of MarketWatch.com] Moving the markets The market opened with a thud today, as investors dumped stocks amid a slew of bad news from around the world. China reported dismal trade data, showing a sharp drop in both imports and exports. Italy slapped its banks with a surprise tax hike, sparking fears of a new debt crisis. And Moody’s …
Market Bounces Back On Earnings Strength, But VIX Looms Large
[Chart courtesy of MarketWatch.com] Moving the markets The Dow led the way in a bullish day for the stock market, while the Nasdaq trailed behind but managed to end its 4-day losing streak. Tesla was one of the laggards, dropping 2% amid a tech sell-off. The rally was fueled by strong earnings reports, as 80% of the S&P 500 companies …
ETFs On The Cutline – Updated Through 08/04/2023
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 August 4, 2023
ETF Tracker StatSheet You can view the latest version here. Tech Split, Wage Spike, Market Dip, Oil Rip: A Mixed Bag for the Economy [Chart courtesy of MarketWatch.com] Moving the markets Tech giants Amazon and Apple had a split decision in their earnings reports yesterday. Amazon delivered a knockout, while Apple got knocked out. The result? A combined loss …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 08/03/2023
ETF Data updated through Thursday, August 3, 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 …