[Chart courtesy of MarketWatch.com] The major indexes received a boost early this morning from a better-than-expected Producer Price Index (PPI) report. Despite the tech sector suffering most of the losses yesterday and last week, it managed to advance today, although it dropped below its unchanged line by the close. The PPI, which represents wholesale inflation, increased by 0.2% in December, …
Nasdaq Drops, S&P 500 Gains: Will Earnings Season Lift Markets?
[Chart courtesy of MarketWatch.com] Tech shares, which were the stars of last year’s bull run, faced significant losses this morning as last week’s sell-off continued. The Nasdaq led the decline, while the Dow remained in positive territory. However, a slow and steady climb helped the S&P 500 close in the green. Some of the most popular tech leaders in the …
ETFs On The Cutline – Updated Through 01/10/2025
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 10, 2025
ETF Tracker StatSheet You can view the latest version here. EQUITIES FALL AS STRONG JOBS REPORT DIMS RATE CUT HOPES [Chart courtesy of MarketWatch.com] This morning, equities took a hit as the latest economic reports dampened traders’ expectations for further rate cuts in 2025. The jobs report revealed that U.S. payrolls grew by 256,000 in December, significantly surpassing the …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 01/08/2025
ETF Data updated through Wednesday, January 8, 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. …
Markets Stabilize As Dip Buyers Lift Dow And S&P 500
[Chart courtesy of MarketWatch.com] The markets continued to face challenges following significant declines in big tech stocks during the previous session. Traders are primarily concerned about the trajectory of interest rate cuts, which are crucial for maintaining the bullish cycle. Adding to the negative sentiment were reports indicating that private sector job creation in December fell more than expected, while …