ETF Tracker StatSheet You can view the latest version here. CHAOS IN THE MARKETS [Chart courtesy of MarketWatch.com] Moving the markets February payrolls came in hotter than expected, which put the markets under pressure after the opening bell rang. 311k jobs were created, well above the consensus of 225k and higher than the hoped-for whisper number of 250k. Offsetting …
ETF Tracker Newsletter For March 3, 2023
ETF Tracker StatSheet You can view the latest version here. ENDING THE WEEK WITH A BOOM [Chart courtesy of MarketWatch.com] Moving the markets Yesterday, I had to laugh out loud when one’s man’s opinion caused bullish juices to suddenly explode, after the markets had been chopping around aimlessly for the most of the session. Bloomberg’s headline featuring the Atlanta …
ETF Tracker Newsletter For February 24, 2023
ETF Tracker StatSheet You can view the latest version here. SURGING BOND YIELDS SPANK EQUITIES [Chart courtesy of MarketWatch.com] Moving the markets After yesterday’s modest bounce of hope, traders and algos alike were hit with another reality check, namely the fact that the Fed’s preferred measurement of inflation, the PCE (Personal Consumption Expenditures Price Index) rose 0.6% in January …
ETF Tracker Newsletter For February 17, 2023
ETF Tracker StatSheet You can view the latest version here. HAWKISH FED SPEAK OVERWHELMS MARKETS [Chart courtesy of MarketWatch.com] Moving the markets Yesterday’s thrashing of the markets continued early this morning, but the major indexes again climbed back, yet only the Dow was able to eke out a small gain. Thursday afternoon, Fed mouthpieces Mester and Bullard combined forces …
ETF Tracker Newsletter For February 10, 2023
ETF Tracker StatSheet You can view the latest version here. GOING NOWHERE [Chart courtesy of MarketWatch.com] Moving the markets After yesterday’s Puke-A-Thon, the markets tried to find some footing but, while the Dow and S&P 500 managed to eke out a moderate last hour gain, the Nasdaq ended the session in the red. Alternating between gains and losses, the …
ETF Tracker Newsletter For February 3, 2023
ETF Tracker StatSheet You can view the latest version here. A WINNING WEEK ENDS ON A WHIMPER [Chart courtesy of MarketWatch.com] Moving the markets Traders were simply blown away by Friday’s jobs report, which allegedly added some 517k new jobs in January, which was quite the opposite of the expected 187k. The number was so out of line that …
