ETF Tracker StatSheet You can view the latest version here. MARKET AWAITS KEY MACRO EVENTS AFTER WEEK OF MIXED PERFORMANCES [Chart courtesy of MarketWatch.com] Today, stocks staged a notable comeback, attempting to recover some of the declines experienced earlier in the week as traders analyzed the latest inflation data. Several factors contributed to this rebound: Market sentiment was oversold, …
ETF Tracker Newsletter For July 19, 2024
ETF Tracker StatSheet You can view the latest version here. BITCOIN BREAKS $67K AS TECH STOCKS FALTER AND BOND YIELDS RISE [Chart courtesy of MarketWatch.com] The downward trend persisted today, leaving traders likely relieved that the week is finally over. Earlier hopes for an easing of interest rates had prompted a rotation out of tech stocks and into broader …
PPI SURGE IGNORED AS TRADERS FOCUS ON RATE CUT HOPES; ECONOMIC SURPRISE INDEX HITS 2015 LOWS
[Chart courtesy of MarketWatch.com] After yesterday’s pullback, bullish sentiment resurfaced, and the major indexes stormed ahead and closed solidly in the green. The rally was broad based, which helped some of the non-tech areas to scoop up some gains, with especially Small Caps scoring their best week in 8 months. An enormous short squeeze provided the necessary firepower. The …
ETF Tracker Newsletter For June 28, 2024
ETF Tracker StatSheet You can view the latest version here. H1 2024: A TALE OF RALLIES AND DISLOCATIONS – IS THE MARKET DANCING ON THIN ICE? [Chart courtesy of MarketWatch.com] The major indexes started the session on a positive note, as traders were pleased with the latest release of the Personal Consumptions Expenditure index. The PCE showed that inflation …
ETF Tracker Newsletter For June 21, 2024
ETF Tracker StatSheet You can view the latest version here. TRIPLE WITCHING LEAVES MARKETS UNSHAKEN, BUT ECONOMIC INDICATORS SUGGEST CAUTION AHEAD [Chart courtesy of MarketWatch.com] The major indexes wavered around their unchanged lines, as this monster of an options expiration session got underway. Nvidia slipped over 3% but given its 150% gain YTD, that move is insignificant. For sure, …
ETF Tracker Newsletter For June 14, 2024
ETF Tracker StatSheet You can view the latest version here. TECH TITANS TUSSLE FOR TOP SPOT AMIDST MARKET MELT-UP AND MAIN STREET MALAISE [Chart courtesy of MarketWatch.com] Stocks fell right after the opening, as a decline in consumer sentiment gave the bears a reason to cheer. However, the S&P 500 ended only marginally lower but gained for the week. …