ETF Data updated through Thursday, September 19, 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 Rally As Stocks Hit Record Highs Amid Fed’s Rate Cut
[Chart courtesy of MarketWatch.com] After yesterday’s Federal Reserve’s policy change, the bulls took charge early, propelling the Dow and S&P 500 to record highs. This surge was bolstered by a report showing weekly jobless claims fell by 12,000 to 219,000, significantly below estimates. The tech sector embraced a “risk-on” mood, with Nvidia and AMD shares soaring around 5% and 4%, …
Fed’s Bold Rate Cut Sparks Market Volatility Amid Inflation Concerns
[Chart courtesy of MarketWatch.com] Ahead of the Federal Reserve’s first interest rate cut in four years, the major indexes showed little change, with the magnitude of the easing remaining a significant unknown. However, after a midday bounce, the major indexes sold off and closed in the red. Historically, the Central Bank has typically signaled its next move to the markets, …
Bitcoin And Oil Prices Rally Amid Market Uncertainty
[Chart courtesy of MarketWatch.com] Better-than-expected retail sales provided an initial boost to the broad markets, while Microsoft’s announcement of a quarterly dividend hike further supported the tech sector. Additionally, Intel’s plans to make its foundry business a subsidiary led to a nearly 4% surge in its stock price. Retail sales reportedly rose by 0.1% in August, a significant divergence from …
Traders Brace For Fed Rate Cut Amid Market Divergence
[Chart courtesy of MarketWatch.com] Early in the session, the Dow Jones reached record territory, but the S&P 500 and Nasdaq struggled to maintain their initial bullish momentum, with the Nasdaq slipping below its unchanged line. Traders are eagerly awaiting one of the Federal Reserve’s most anticipated policy meetings, where the likelihood of the first rate cut since 2020 is nearly …
ETFs On The Cutline – Updated Through 09/13/2024
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 …