ETF Tracker StatSheet You can view the latest version here. CPI COMES IN SOFT – STOCKS FLAT, GOLD BACK ABOVE $5,000 [Chart courtesy of MarketWatch.com] The S&P 500 spent the early part of the day just treading water, and the month ended basically flat as the latest consumer inflation report (January CPI) came in softer than expected but didn’t …
AI Disruption Fears Slam Mag 7 – Indexes Close Red
[Chart courtesy of MarketWatch.com] The Dow got off to a nice start with some early gains as traders kept rotating away from tech and into more economy-sensitive names like Walmart, Boeing, and GE Vernova, all of which moved higher. But that positive vibe didn’t last—the mood shifted, and the major indexes all dove back into the red by the close, …
Gold Above $5,100, Silver +4% – Commodities Carry The Load
[Chart courtesy of MarketWatch.com] The major indexes opened with a nice pop after the January nonfarm payrolls report came in way stronger than expected: +130,000 jobs added vs. economists’ call for just +55,000. That was also a big step up from December’s downwardly revised +48,000. It marked the best monthly gain in over a year, though the growth was heavily …
Silver Leads Commodities, Gold Nears $5,100 – Risk-On Returns
[Chart courtesy of MarketWatch.com] After a weak open, the major indexes shook off the early blues and found solid footing, heading into positive territory for a nice green close. Traders were mostly focused on waiting for big upcoming data (delayed January jobs report Wednesday) and another wave of earnings, following last week’s volatility. Oracle jumped 8% after getting upgraded to …
No Recovery In Sight – Bears Take Full Control
[Chart courtesy of MarketWatch.com] Markets opened weak and never really recovered—the bears were in full control, driving a sharp, one-sided selloff across almost everything. The major indexes dove lower, with tech getting hit especially hard and Bitcoin sinking toward $65,000 (after briefly dipping below $70,000, a level many saw as key support). The trigger was Alphabet’s earnings: they projected a …
Silver +3%, Gold Back Above $5,000 – Metals Hold Firm
[Chart courtesy of MarketWatch.com] The S&P 500 opened pretty flat while traders kept rotating out of tech stocks, sending the Nasdaq sharply lower. The main trigger was AMD sliding 14% after its Q1 forecast came in softer than some analysts hoped, which piled more pressure on the sector. Broadcom dipped 3%, Micron fell 8%, and the rest of the chip/AI …