[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. …
Gold Surges To Election Highs As Bitcoin Rebounds
[Chart courtesy of MarketWatch.com] Equities saw a bounce but ultimately pulled back during the session following yesterday’s strong advances, as traders analyzed the latest earnings reports. Banks such as Bank of America and Morgan Stanley saw gains after surpassing expectations, like their peers JP Morgan and Goldman Sachs from the previous day. This earnings season is off to a promising …
Indexes Rally Broadly On Softer CPI And Impressive Bank Earnings
[Chart courtesy of MarketWatch.com] This morning, the markets received a significant boost, with all indexes advancing broadly as inflation fears seemed to dissipate. The latest Consumer Price Index (CPI) report revealed that core inflation unexpectedly slowed in December. Major banks also kicked off the earnings season with impressive results, further fueled by a massive short squeeze. December’s CPI showed that …