[Chart courtesy of MarketWatch.com] In the unpredictable world of Wall Street, stocks took a morning dive but didn’t forget their floaties, bobbing back up by closing time as the recent record-breaking rally decided to take a breather. Meanwhile, traders played a game of ‘hot potato’ with their portfolios, not wanting to get burned before tomorrow’s sizzling Consumer Price Index (CPI) …
ETFs On The Cutline – Updated Through 03/08/2024
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 March 8, 2024
ETF Tracker StatSheet You can view the latest version here. GOLD GLITTERS AND BITCOIN BOOMS AS THE DOLLAR DIVES [Chart courtesy of MarketWatch.com] In the whimsical world of Wall Street, the major indexes took a rollercoaster ride, initially hitting the gas with bullish enthusiasm only to slam on the brakes and retreat, leaving Nvidia’s jaw-dropping rally needing a pit …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 03/07/2024
ETF Data updated through Thursday, March 7, 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. …
Bitcoin And Gold Shine As The Market And The Dollar Diverge
[Chart courtesy of MarketWatch.com] The stock market recovered some of its losses on Thursday, as investors cheered lower inflation forecasts from Europe and higher tech stocks. The European Central Bank cut its projections for inflation and growth for this year but kept its interest rates unchanged. This suggested that inflation was not a global threat. The ECB’s decision followed the …
Gold And Bitcoin Steal The Show As Tech Stocks Crash And Nvidia Spooks
[Chart courtesy of MarketWatch.com] The U.S. stock market took another hit on Tuesday, as big tech stocks like Apple dragged it down further from its recent record highs. Apple lost almost 3% after a report showed that its iPhone sales tanked in China in the first six weeks of 2024. Other tech giants such as Tesla, Netflix and Microsoft also …