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 November 15, 2024
ETF Tracker StatSheet You can view the latest version here. FED’S CAUTIOUS STANCE HALTS POST-ELECTION RALLY [Chart courtesy of MarketWatch.com] The major indexes opened lower as the post-election rally came to an abrupt halt following Fed Chair Powell’s comments yesterday that he is “in no hurry” to continue cutting rates. This statement put significant pressure on equities, casting doubt …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 11/14/2024
ETF Data updated through Thursday, November 14, 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. …
Stocks And Cryptos Retreat As Traders Eye Inflation Data
[Chart courtesy of MarketWatch.com] The rally in stocks and cryptocurrencies came to a halt and reversed as traders grappled with recent record highs, shifting their focus to the October Producer Price Index (PPI). The PPI headline number matched forecasts with a 0.2% month-over-month increase, while September’s figure was revised upward from 0.0% to 0.1%. On an annual basis, the PPI …
Tech Stocks Falter, Bitcoin Soars Past $93k
[Chart courtesy of MarketWatch.com] The markets began the day on a positive note as traders sought to maintain the post-election momentum. However, by the end of the session, the major indexes had delivered mixed results. The hope that inflation is under control remains far from reality, a point I have emphasized throughout the year. Today’s Consumer Price Index (CPI) numbers …
Bitcoin Nears $90k Mark, Eyes $100k With Strong ETF Inflows
[Chart courtesy of MarketWatch.com] The markets began the session moving sideways to lower, as traders appeared to take a breather from the highs reached in the post-election rally. Bond yields climbed, with the 10-year yield advancing nearly 0.12% to close at 4.43%, marking its highest level in five months. This increase in bond yields was sufficient to push equities downward …