ETF Data updated through Thursday, November 7, 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 Hits New High As Gold Rebounds And Dollar Slips
[Chart courtesy of MarketWatch.com] The major indexes began the session on a positive note, buoyed by anticipation of the Federal Reserve’s meeting on interest rates. Despite the incomplete election results, traders seemed relieved, dispelling earlier concerns about a prolonged election process. However, any geopolitical news could still trigger significant and sudden swings in asset prices. The much-anticipated Fed meeting concluded …
Markets Surge To Record Highs Following Trump’s Election Victory
[Chart courtesy of MarketWatch.com] This morning, the markets erupted with major benchmarks racing into record territory following Trump’s presidential election victory. The Dow led the charge, jumping over 3.5%, while Small Caps surged nearly 6%. The S&P 500 and Nasdaq also set new record highs. Small Caps, which are primarily domestic and cyclical, are expected to benefit significantly from Trump’s …
Election Day Optimism Drives Market Surge
[Chart courtesy of MarketWatch.com] On this election day, traders viewed the market positively, driving the major indexes out of their recent slump and buying a wide range of assets, including stocks, bonds, gold, Bitcoin, and crude oil. Wall Street is closely monitoring not only the Presidential elections, but also which party will dominate Congress, as any sweep could lead to …
Election Uncertainty Weighs On Markets Despite Bond Yield Plunge
[Chart courtesy of MarketWatch.com] The early market movements were characterized by aimless meandering with a slightly positive bias, but ultimately, the major indexes ended the day in the red. This decline occurred despite a significant drop in bond yields, following a relentless rally that had pushed the 10-year yield above 4.3%. Today’s yield drop might indicate that traders are reducing …
ETFs On The Cutline – Updated Through 11/01/2024
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 …