ETF Tracker Newsletter For November 21, 2025
ETF Tracker StatSheet
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FROM BLEEDING RED TO FRIDAY GREEN – FED DOVES SAVE THE DAY
- Moving the market
Early on, things looked ugly—S&P and Nasdaq were still bleeding from Thursday’s epic Nvidia pump-and-dump, and the AI-valuation hangover was real.
Then Fed Governor John Williams (and a few other dove-ish voices) stepped up with some “we’re still cutting” vibes. Boom—December cut odds shot from 39% to over 70% in hours, and that was the spark the bulls needed.
Mid-session the mood flipped, buyers piled in, and we clawed our way from red to a solid green close. Nice little chunk of Thursday’s losses erased in one swoop.
Still, let’s keep it real: mega-cap tech just wrapped its third straight losing week, the most-shorted stocks bounced Friday but are still deep in the red for the week, and bitcoin got absolutely wrecked again—dipping to levels we haven’t seen since April before limping back toward $85K.
Liquidity’s tight, leveraged players are getting margin-called left and right, and it shows.
The quiet hero? Gold. Never flinched, closed the week comfortably above $4,000 after kissing $4,100 intraday. Right now, physical gold is straight-up embarrassing its digital cousin.
Bottom line: one good day doesn’t erase the bruises, but dovish Fed chatter gave the market exactly the lifeline it wanted.
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