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 …
ETF Tracker Newsletter For January 26, 2024
ETF Tracker StatSheet You can view the latest version here. INTEL SINKS, BUT MARKET STILL ENDS WEEK HIGHER [Chart courtesy of MarketWatch.com] Friday was a snooze-fest for the S&P 500, which barely budged amid a slew of lackluster earnings reports. Intel was the biggest loser, plunging 11% after issuing a dismal outlook for the first quarter. Other stocks like …