[Chart courtesy of MarketWatch.com] The Dow took a nosedive today, leading the market’s merry dance downwards as interest rates inched up and traders sifted through the latest earnings reports like kids at a candy store. Investors are on the edge of their seats, waiting for more data to peek into the wallet of the American consumer. The 10-year Treasury note …
ETFs On The Cutline – Updated Through 01/12/2024
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 January 12, 2024
ETF Tracker StatSheet You can view the latest version here. UNCLE SAM’S BUDGET BONANZA: A PRELUDE TO INFLATION’S SECOND ACT? [Chart courtesy of MarketWatch.com] In today’s financial circus, the major stock indexes tiptoed around their opening marks, with traders juggling the lackluster first act of fourth-quarter earnings and munching on a double-feature of inflation reports. The Dow, however, decided …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 01/11/2024
ETF Data updated through Thursday, January 11, 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. …
Markets Shake Off Inflation Fears, End The Day Flat
[Chart courtesy of MarketWatch.com] The major indexes had a bumpy ride on Thursday, as they plunged after the opening bell, then bounced back, and ended the day flat. The trigger for the initial sell-off was the latest inflation report, which showed that consumer prices rose more than expected in December, reaching the highest annual rate in 13 years. The CPI …
Stocks Rise Ahead Of Inflation And Earnings Reports
[Chart courtesy of MarketWatch.com] Traders pushed stocks higher today, as they waited for the latest U.S. inflation and earnings reports. The consumer price index (cpi) for December, due tomorrow, is expected to show a 3.2% annual increase. Traders will scan the reports for hints on when the fed will start lowering rates. Those hopes have faded a bit lately, even …