[Chart courtesy of MarketWatch.com] The markets rebounded today after a Pre-Valentine’s Day massacre yesterday. Traders were feeling the love again as they shrugged off a higher-than-expected inflation report that spooked them on Tuesday. They worried that the Fed might not lower interest rates soon enough to keep the economy humming. The market had been overheated for a while, but it’s …
Inflation Fears Spook The Market, Small Caps Crash
[Chart courtesy of MarketWatch.com] The market had a bad day on Tuesday, thanks to the inflation report for January that showed consumer prices rising more than expected. This sent bond yields soaring and made traders doubt that the Fed could lower interest rates as much as they hoped, which was a big reason why stocks were doing so well. Small …
Calm Before The Storm? Markets Await Key Economic Reports
[Chart courtesy of MarketWatch.com] The Dow hit a record high today, while traders waited for new inflation and earnings reports. The S&P 500 also made history on Friday, closing above 5,000 for the first time ever. The index has gained more than 5% since January. The S&P 500, the Nasdaq, and the Dow all extended their winning streaks to five …
ETFs On The Cutline – Updated Through 02/09/2024
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 February 9, 2024
ETF Tracker StatSheet You can view the latest version here. S&P 500 TOPS 5,000 ON LOWER INFLATION, BUT TECH-BOND GAP RAISES QUESTIONS [Chart courtesy of MarketWatch.com] The S&P 500 finally cracked the 5,000 mark today, thanks to a belated Christmas gift from the government: a lower inflation rate for December. The index had flirted with the milestone on Thursday, …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 02/08/2024
ETF Data updated through Thursday, February 8, 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. …
