[Chart courtesy of MarketWatch.com] Yesterday, the S&P 500 set an intra-day record, but it slipped early today as the overall markets showed weakness, likely due to profit-taking. However, the index regained momentum later in the session, closing in the green once again. Recent market advances have been fueled by optimism surrounding potential tax cuts and deregulation under the Trump administration, …
Tech Sector Drives S&P 500 To New Record High Amid AI Optimism
[Chart courtesy of MarketWatch.com] Bullish sentiment persisted today, with the S&P 500 reaching a new all-time high, driven by strong performance in the tech sector. The Nasdaq led the way, while Small Caps lagged and ended the session in the red. Oracle (+6%) and Nvidia (+4%) saw significant gains, fueled by optimism surrounding AI and the announcement of a $500 …
Gold And Bitcoin Rebound Strongly, Oil Prices Decline
[Chart courtesy of MarketWatch.com] The major indexes began the “post-inauguration” session with a positive outlook, as traders interpreted Trump’s comments on tariffs as less severe than initially anticipated. Small Caps led the early surge, bolstered by a better-than-expected earnings report from 3M, which saw its stock rise by more than 4%. Mega-tech companies like Amazon and Alphabet also contributed to …
ETFs On The Cutline – Updated Through 01/17/2025
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 17, 2025
ETF Tracker StatSheet You can view the latest version here. MARKETS SURGE AS MAJOR INDEXES ACHIEVE FIRST WEEKLY GAIN OF 2025 [Chart courtesy of MarketWatch.com] Today, the major indexes surged, marking not only their first weekly gain of 2025 but also their largest weekly advance since the November elections. This broad-based rally saw participation from chipmakers, mega-tech, and small-cap …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 01/16/2025
ETF Data updated through Thursday, January 16, 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. …