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 19, 2024
ETF Tracker StatSheet You can view the latest version here. HOW LONG CAN THE S&P 500 AND BOND YIELDS STAY OUT OF SYNC? [Chart courtesy of MarketWatch.com] The markets shrugged off their early-year jitters and resumed their upward march today, lifting the S&P 500 to a fresh record high. Wall Street was boosted by a tech rally, sparked by …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 01/18/2024
ETF Data updated through Thursday, January 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. …
Apple Shines, But Market Faces Alligator Risk
[Chart courtesy of MarketWatch.com] The market was in a good mood today, thanks to the tech sector’s strong performance. Apple led the way, gaining 3.3% after getting a thumbs up from Bank of America. The iPhone maker shrugged off a recent downgrade from Wells Fargo and had its best day in over eight months. Meanwhile, the job market remained tight, …
Fed In A Bind: Cut Rates And Risk Inflation, Or Hold Rates And Anger The Market?
[Chart courtesy of MarketWatch.com] The stock market lost its appetite as bond prices went down and interest rates went up. The U.S. economy also showed some surprising strength, making the Fed less likely to cut rates. ZeroHedge summed it up like this: Retail sales: hot; Housing: sizzling; Industrial Production: – not bad. The ‘real’ numbers are looking good, while the …
Fed’s Rate-Cut Riddle Leaves Traders Guessing: Is The Market’s Magic Show Over?
[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 …