ETF Tracker Newsletter For January 5, 2024

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ETF Tracker StatSheet           You can view the latest version here. MARKET MADNESS: STOCKS AND BONDS SWING WILDLY ON JOBS REPORT [Chart courtesy of MarketWatch.com] The stock market had another day of mixed signals, as investors tried to make sense of the latest economic news. After a morning rally, the major indexes gave up most of their gains by the …

Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 01/04/2024

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ETF Data updated through Thursday, January 4, 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. …

Nasdaq Slumps For Fifth Day As Economy Heats Up And Fed Cools Down

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[Chart courtesy of MarketWatch.com] The Nasdaq Composite had another bad day on Thursday, dropping for the fifth time in a row — its worst run since last December. Big tech stocks like Apple are not doing well this year, as investors are worried that they are too expensive and that the Fed might raise interest rates sooner than expected. The …

Nasdaq Leads Market Lower As Fed Remains Tight-Lipped On Rate Cuts

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[Chart courtesy of MarketWatch.com] The Nasdaq Composite led the market lower for the third consecutive day, extending its worst daily drop since October 2023. Investors seemed to lose their appetite for the tech darlings of last year, which had soared on hopes of a dovish fed in 2024. But with the economy still struggling and no clear signal from the …

Stocks Start 2024 On A Negative Note, As Rates Rise And Data Disappoint

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[Chart courtesy of MarketWatch.com] The new year started with a sour note for stocks, as they continued their downward slide from the end of 2023. Rising interest rates and profit-taking after a stellar 2023 weighed on the market, especially the Nasdaq, which suffered its worst drop in more than two months. Apple was among the biggest losers, as Barclays cut …