ETF Tracker StatSheet You can view the latest version here. INDEXES RETREAT, BOND YIELDS RISE AS INVESTORS EYE FED MEETING [Chart courtesy of MarketWatch.com] This week, the major indexes experienced fluctuations due to options expirations volatility, ultimately closing lower. Technology stocks felt the pressure as inflation concerns persisted, particularly in anticipation of the Federal Reserve’s policy meeting next week. …
ETF Tracker Newsletter For March 8, 2024
ETF Tracker StatSheet You can view the latest version here. GOLD GLITTERS AND BITCOIN BOOMS AS THE DOLLAR DIVES [Chart courtesy of MarketWatch.com] In the whimsical world of Wall Street, the major indexes took a rollercoaster ride, initially hitting the gas with bullish enthusiasm only to slam on the brakes and retreat, leaving Nvidia’s jaw-dropping rally needing a pit …
ETF Tracker Newsletter For March 1, 2024
ETF Tracker StatSheet You can view the latest version here. THE NASDAQ HITS A NEW HIGH: IS THIS A BUBBLE OR A BOOM? [Chart courtesy of MarketWatch.com] The Nasdaq Composite hit a new record high on Friday, breaking its previous peak from 2021. Investors were betting big on mega cap tech stocks, hoping to cash in on the slowing …
ETF Tracker Newsletter For February 23, 2024
ETF Tracker StatSheet You can view the latest version here. NVIDIA LEADS THE TECH RALLY, BUT WILL IT FOLLOW CISCO’S DOWNFALL? [Chart courtesy of MarketWatch.com] Stocks ended the week with a bang, thanks to Nvidia’s stellar earnings, that pushed its market value above $2 trillion. The chipmaker is now the third most valuable U.S. company, trailing only Microsoft and …
Hot Inflation Report Burns Stocks, No Rate Cuts Soon
[Chart courtesy of MarketWatch.com] Stocks took a hit on Friday, as another spicy inflation report raised doubts about the timing of Fed rate cuts this year. The PPI for January, which tracks wholesale inflation, rose 0.3%, beating the expected 0.1% increase. Without food and energy, the core-PPI jumped 0.5%, much higher than the forecasted 0.1% rise. The 10-year Treasury yield …
S&P 500 Rises Despite Bond Yield Spike And Part-Time Jobs
ETF Tracker StatSheet You can view the latest version here. S&P 500 RISES DESPITE BOND YIELD SPIKE AND PART-TIME JOBS [Chart courtesy of MarketWatch.com] The S&P 500 soared again, ignoring the rising bond yields that threatened to spoil the party. The 10-year Treasury yield shot up to over 4% after the government claimed the U.S. economy created 353,000 jobs …