ETF Tracker Newsletter For March 22, 2024

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ETF Tracker StatSheet           You can view the latest version here. DOW CHARGES AHEAD: BEST WEEK OF THE YEAR DESPITE TODAY’S SLIP [Chart courtesy of MarketWatch.com] Despite a slight dip in today’s session, the stock market maintained its upward trajectory, with the Dow Jones Industrial Average charging towards its most impressive week of the year. The three major indexes all …

ETF Tracker Newsletter For March 15, 2024

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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

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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 February 23, 2024

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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

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[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 …