ETF Tracker StatSheet
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STOCKS END A WILD WEEK HIGHER AS INFLATION AND RATES KEEP INVESTORS GUESSING
[Chart courtesy of MarketWatch.com]
- Moving the market
Today gave investors plenty to chew on. The Nasdaq slipped as Nvidia remained under pressure, extending this week’s selloff, and weighing on the broader tech sector.
Early optimism from a slightly cooler-than-expected producer inflation report didn’t last long once investors noticed that annual wholesale inflation is still running hotter than the Fed would like.
Meanwhile, bond yields kept climbing, with the 10-year Treasury back above 5%, the dollar pushed to fresh highs, and gold and bitcoin both feeling the heat.
Even so, all three major indexes managed to notch gains for the week, proving once again that this market can walk uphill while grumbling the entire way.
The big question now is whether higher rates and sticky inflation are just a speed bump for this rally, or a sign that the road ahead is about to get a little bumpier.
Are we seeing resilience or a warning sign?
2. Current domestic “Buy” Cycle (effective 5/20/2025); International “Buy” Cycle (effective 5/8/25)
Our domestic bullish cycle that began on November 21, 2023, concluded on April 3, 2025, following a market downturn triggered by President Trump’s tariff policy announcement.
This development caused significant declines across major indexes and broader market indices. However, markets subsequently rebounded, culminating in a new domestic “Buy” signal taking effect May 20, 2025.
Concurrently, our International Trend Tracking Index (TTI) experienced parallel volatility. On April 4, 2025, it breached critical thresholds, prompting a “Sell” recommendation. This position reversed as global markets recovered, with the International TTI regaining sufficient momentum to issue a new “Buy” signal effective May 8, 2025.
3. Trend Tracking Indexes (TTIs)
Another choppy day on Wall Street. The Dow was the lone index to finish in the green, though all three major averages still managed to post gains for the week.
Elsewhere, gold held its ground today but gave back some ground for the week, joined by silver and bitcoin in the red column.
Our TTIs eased modestly on the session, but both indicators remain comfortably above their respective trend lines and firmly in bullish territory.
In other words, the trend is still our friend, even if it occasionally has a moody day.
This is how we closed 11/13/2026:
Domestic TTI: +6.16% above its M/A (prior close +6.34%)—Buy signal effective 5/20/25.
International TTI: +3.68% above its M/A (prior close +3.98%)—Buy signal effective 5/8/25.
All linked charts above are courtesy of Bloomberg via ZeroHedge.
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