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 10, 2025
ETF Tracker StatSheet You can view the latest version here. EQUITIES FALL AS STRONG JOBS REPORT DIMS RATE CUT HOPES [Chart courtesy of MarketWatch.com] This morning, equities took a hit as the latest economic reports dampened traders’ expectations for further rate cuts in 2025. The jobs report revealed that U.S. payrolls grew by 256,000 in December, significantly surpassing the …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 01/08/2025
ETF Data updated through Wednesday, January 8, 2025 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. …
Markets Stabilize As Dip Buyers Lift Dow And S&P 500
[Chart courtesy of MarketWatch.com] The markets continued to face challenges following significant declines in big tech stocks during the previous session. Traders are primarily concerned about the trajectory of interest rate cuts, which are crucial for maintaining the bullish cycle. Adding to the negative sentiment were reports indicating that private sector job creation in December fell more than expected, while …
Gold Gains Amid Market Turmoil And Dollar Rally
[Chart courtesy of MarketWatch.com] This morning, the markets experienced a significant downturn, with the Nasdaq leading the decline. Bond yields spiked, with the 10-year yield rising by 6 basis points to 4.70%, its highest level since April 2024. This spike was driven by the ISM Services Inflation Index, which surged to nearly two-year highs, casting doubt on the Federal Reserve’s …
Tech Sector Hits Record Highs, Bitcoin Surges
[Chart courtesy of MarketWatch.com] The markets opened on a positive note following last week’s pullback. The chip sector played a significant role in driving stocks higher, with Nvidia gaining nearly 5% early on, while Broadcom and Micron added 2.9% and 9%, respectively. Early bullish sentiment was further supported by a Washington Post report suggesting that Trump’s tariff plan would be …