[Chart courtesy of MarketWatch.com] Today was a bad day for tech stocks, as Microsoft and Alphabet dragged down the whole sector with their disappointing performance. Alphabet’s shares fell over 5%, their worst drop since last October, as their ad revenue failed to impress investors despite beating earnings and sales expectations. Microsoft and AMD also lost 1.3% and 4% of their …
Market On Pause As Investors Await Fed And Tech Earnings
[Chart courtesy of MarketWatch.com] The market was in a holding pattern, as investors weighed the latest earnings reports and waited for the Fed’s policy decision. Some stocks shone, while others fizzled. General Motors revved up 7% after beating earnings expectations. F5 and Sanmina also impressed investors with their strong financial results, gaining 2% and 27%, respectively. Whirlpool, on the other …
Market Optimism Ahead Of Tech Earnings And Fed Policy Meeting, But Risks Remain
[Chart courtesy of MarketWatch.com] Wall Street was in a good mood as it awaited the earnings reports of some of the biggest tech giants and the Fed’s decision on interest rates. This week is the peak of the earnings season, with nearly a fifth of the S&P 500 companies revealing their financial performance. The market darlings Microsoft, Apple, Meta, Amazon, …
ETFs On The Cutline – Updated Through 01/26/2024
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 January 26, 2024
ETF Tracker StatSheet You can view the latest version here. INTEL SINKS, BUT MARKET STILL ENDS WEEK HIGHER [Chart courtesy of MarketWatch.com] Friday was a snooze-fest for the S&P 500, which barely budged amid a slew of lackluster earnings reports. Intel was the biggest loser, plunging 11% after issuing a dismal outlook for the first quarter. Other stocks like …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 01/25/2024
ETF Data updated through Thursday, January 25, 2024 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. …