[Chart courtesy of MarketWatch.com] Stocks received an early boost after Disney reported an unexpected jump in streaming subscribers, pushing its stock up by 10%. Adding to the early bullish sentiment was news that Treasury Secretary Bessent and a top trade official will meet their Chinese counterparts this week in Switzerland. Traders viewed this as a potential de-escalation on the trade …
Gold Glows Amid Market Uncertainty; Bitcoin Recovers
[Chart courtesy of MarketWatch.com] Equities started the day on a downward trend as traders eagerly awaited the Fed’s policy decision tomorrow. They were also tracking global news for any signs of progress on potential trade deals. Tech giants Nvidia and Meta, along with Tesla, saw declines. Tesla’s new car sales in Britain and Germany fell to their lowest levels in …
Gold Shines Amid Market Selloff And Mixed Economic Data
[Chart courtesy of MarketWatch.com] The markets pulled back early in the session as hopes for new trade deals diminished following President Trump’s announcement of surprise levies on movies made outside the U.S. He elaborated on negotiations with various countries, emphasizing that he is setting the terms of any agreement. Additionally, he made it clear that there are no plans to …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 05/01/2025
ETF Data updated through Thursday, May 1, 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. …
Bitcoin Surges To $97k As Equities Rebound
[Chart courtesy of MarketWatch.com] The tech sector led this morning’s positive opening, driven by strong quarterly results from Microsoft and Meta. Both companies exceeded expectations, easing fears that the tariff war and a downturn in the U.S. economy might threaten the AI trade. It appears AI is less impacted than traders initially believed. Adding to the bullish sentiment was Microsoft’s …