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 February 23, 2024
ETF Tracker StatSheet You can view the latest version here. NVIDIA LEADS THE TECH RALLY, BUT WILL IT FOLLOW CISCO’S DOWNFALL? [Chart courtesy of MarketWatch.com] Stocks ended the week with a bang, thanks to Nvidia’s stellar earnings, that pushed its market value above $2 trillion. The chipmaker is now the third most valuable U.S. company, trailing only Microsoft and …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 02/22/2024
ETF Data updated through Thursday, February 22, 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. …
Nvidia’s Earnings Blowout Lifts Tech And Market To New Highs
[Chart courtesy of MarketWatch.com] Nvidia, the king of chips, smashed earnings expectations and sent its stock soaring to new heights. The tech giant reported a staggering 265% increase in revenue from a year ago, thanks to its thriving artificial intelligence business. It also predicted another strong quarter ahead, despite already high expectations. The news lifted the whole tech sector, as …
Nvidia’s Earnings: The Make-Or-Break Moment For The Stock Market
[Chart courtesy of MarketWatch.com] The stock market was in a slump for the third consecutive day on Wednesday, as investors awaited Nvidia’s earnings report after the market closed. Nvidia, the leading chipmaker, had seen its stock price skyrocket by 230% in the past year, but some analysts worried that it was overvalued. The stock dropped 2% on Wednesday. The market …
Nvidia Weighs On Us Stocks As Investors Fret Over Valuation And Fed Outlook
[Chart courtesy of MarketWatch.com] Today was a bad day for the US stock market, especially for the smaller companies. Nvidia dragged down the tech sector as investors worried about its high price before its earnings report tomorrow. Even the big names like Amazon, Microsoft, and Meta couldn’t escape the sell-off and lost more than 1% each. The financial sector had …