[Chart courtesy of MarketWatch.com] In today’s trading session, the Nasdaq experienced a burst of energy at the open, thanks to Tesla’s post-earnings jump, which propelled the tech-centric index upward. This surge was sparked by Tesla’s announcement of a strategic shift towards more budget-friendly electric vehicles, causing its stock to soar over 13%. Despite this, the initial excitement seemed to fade …
Earnings Season Surge: U.S. Stocks Rally Amid Positive Momentum
[Chart courtesy of MarketWatch.com] In today’s financial landscape, the U.S. stock market experienced a significant rally, energized by the unfolding corporate earnings season. Investors were keen to capitalize on the robust gains from the previous session, setting a positive tone for the market. The anticipation was palpable as Tesla prepared to release its earnings report after the market closed, marking …
S&P 500 Rebounds: Is The Storm Over?
[Chart courtesy of MarketWatch.com] In the ever-shifting landscape of the financial markets, the S&P 500 has managed to rip higher, finding stable ground after a tumultuous week. This resurgence was largely fueled by a rebound in tech shares and a de-escalation of tensions in the Middle East, with a notable short squeeze lending major support. As traders cast their gaze …
ETFs On The Cutline – Updated Through 04/19/2024
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 April 19, 2024
ETF Tracker StatSheet You can view the latest version here. PRECIOUS METALS SURGE: A HARBINGER FOR EQUITY MARKETS? [Chart courtesy of MarketWatch.com] Current economic forecasts suggest that the Federal Reserve may delay any rate reductions until September or later, with some analysts not ruling out the possibility of no cuts throughout the year. Year-to-date analysis for 2024 reveals that …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 04/18/2024
ETF Data updated through Thursday, April 18, 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. …