[Chart courtesy of MarketWatch.com] Mixed quarterly results from Alphabet and chipmaker AMD (-6%) negatively impacted the S&P 500 and Nasdaq, causing both indices to dip below their respective unchanged lines. However, by the end of the session, both managed to recover and close with moderate gains, marking a “dump and pump” kind of day. Alphabet shares fell by 8% after …
Gold And Meta Set New Records Amid Market Gains
[Chart courtesy of MarketWatch.com] Following yesterday’s pullback, the major indexes regained some stability and edged higher after the market opened. The Nasdaq led the rebound, while the Dow lagged, but all three indexes managed to close in the green. China’s latest tariff response included imposing 15% duties on U.S. imports of coal and liquefied natural gas, and 10% on crude …
Markets Plunge Amid Global Tariff Concerns, Bitcoin Rebounds Strongly
[Chart courtesy of MarketWatch.com] This morning, the markets underwent a sharp sell-off as the impact of Trump’s tariffs on key trading partners, Canada, and Mexico, echoed globally. Concerns about a potential escalation into a full-blown trade war, disruption of worldwide supply chains, economic slowdown, and rising inflation are valid. However, it remains to be seen if today’s market reaction was …
ETFs On The Cutline – Updated Through 01/31/2025
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 January 31, 2025
ETF Tracker StatSheet You can view the latest version here. GOLD HITS RECORD HIGHS AS MARKETS REACT TO TARIFFS AND INFLATION [Chart courtesy of MarketWatch.com] Despite Apple releasing a mixed earnings report, bullish sentiment persisted through mid-session on the last trading day of the month. However, investor confidence waned later in the day as bond yields spiked and President …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 01/30/2025
ETF Data updated through Thursday, January 30, 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. …