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 June 14, 2024
ETF Tracker StatSheet You can view the latest version here. TECH TITANS TUSSLE FOR TOP SPOT AMIDST MARKET MELT-UP AND MAIN STREET MALAISE [Chart courtesy of MarketWatch.com] Stocks fell right after the opening, as a decline in consumer sentiment gave the bears a reason to cheer. However, the S&P 500 ended only marginally lower but gained for the week. …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 06/13/2024
ETF Data updated through Thursday, June 13, 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. …
Inflation Eases, Equities Rally: Dow Recovers While Jobless Claims Hit 10-Month Peak
[Chart courtesy of MarketWatch.com] The major indexes wavered with the Dow being the weakling of the day, despite more inflation data showing better-than-expected results. May’s Producer Price Index (PPI), which was anticipated to rise 0.1%, came in lower by 0.2% from the month of April. That sort of confirms the Fed’s view yesterday that “progress has been made on the …
Market Roller Coaster: CPI Stability Spurs Rally, Powell’s Caution Curbs Rate-Cut Fever
[Chart courtesy of MarketWatch.com] The latest CPI report sent stocks higher and bond yields lower, as the index was unchanged for May vs. an expected 0.1% monthly rise. Year-over-year, the increase was 3.3%, which was also lower than the anticipated 3.4%. Even the Fed’s favorite gauge, the core CPI, which excludes volatile components like energy and food, was in line …
Investors Eye CPI Reading And Fed’s Rate Verdict Amidst Tech Stock Surge
[Chart courtesy of MarketWatch.com] The major indexes started the session in the red, with only the S&P and Nasdaq being able to climb out of that early hole and close in the green, as buying picked up late in the session. The Fed started its 2-day meeting on interest rates today with the verdict being announced Wednesday after 11 am …