[Chart courtesy of MarketWatch.com] The markets opened on a weak note as rising bond yields and uncertainty surrounding the U.S. budget bill weighed on sentiment. Traders remained focused on developments in Washington, where Republican leaders are working to finalize a bill aimed at lowering taxes while expanding deductions for state and local taxes. While potentially beneficial for taxpayers, the proposal …
Gold Shines, Bitcoin Soars, But Equities Struggle For Direction
[Chart courtesy of MarketWatch.com] A lack of positive sentiment weighed on early trading, sending the major indexes into the red, with the tech sector leading the decline. Despite a late-session recovery attempt, the indexes remained below their opening levels, as overall market momentum appeared subdued. The S&P 500 has staged an impressive rebound from its April lows and now sits …
U.S. Credit Downgrade Sparks Volatility: Gold Rallies, Dollar Slips
[Chart courtesy of MarketWatch.com] The major indexes opened in negative territory as markets reacted to Moody’s decision to downgrade the U.S. credit rating from AAA to Aa1. The move was driven by mounting concerns over the ballooning federal deficit and the challenges of refinancing government debt at higher interest rates. This downgrade immediately pressured bond prices, sending yields sharply higher …
ETFs On The Cutline – Updated Through 05/16/2025
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 May 16, 2025
ETF Tracker StatSheet You can view the latest version here. TARIFF TRUCE AND SOFT INFLATION DATA SPARK MARKET REBOUND DESPITE CAUTION [Chart courtesy of MarketWatch.com] The markets began the day on a cautious note, with a disappointing consumer sentiment report halting the S&P 500’s four-day rally-a run that had been fueled by a temporary U.S./China tariff agreement and encouraging …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 05/15/2025
ETF Data updated through Thursday, May 15, 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. …