ETF Tracker StatSheet You can view the latest version here. ELECTION UNCERTAINTY LOOMS OVER MARKETS AS BOND YIELDS CLIMB [Chart courtesy of MarketWatch.com] Building on yesterday’s gains, which ended a three-day losing streak for the S&P 500, the index tried to secure a slight weekly advance. However, this effort was thwarted as the markets sold off towards the close. …
Markets Rebound After Three Days Of Losses Amid Rate Cut Hopes
[Chart courtesy of MarketWatch.com] After three consecutive days of losses, the markets finally found some upward momentum, with major indexes showing early gains as expectations for rate cuts rose modestly. This positive shift was supported by strong earnings reports, notably from Tesla, which surged 21% after surpassing expectations. Whirlpool and Lam Research also posted gains, while IBM weighed on the …
Tech Giants And Home Sales Plunge Amid Rising Bond Yields
[Chart courtesy of MarketWatch.com] The major indexes began the session on a downward trend for the third consecutive day, as bond yields surged, with the 10-year yield surpassing the 4.25% mark. By the end of the day, the S&P 500 had suffered its steepest decline in seven weeks. While some traders attribute rising yields to a robust economy, I believe …
Gold Sets New Record As Markets Waver, Crude Oil Rallies
[Chart courtesy of MarketWatch.com] This morning, rising bond yields were at the forefront of traders’ minds, dampening the positive sentiment that had characterized the start of the earnings season. The 10-year Treasury yield briefly climbed above 4.22%, a level not seen in three months. Although it retreated as the session progressed, the major indexes slipped and struggled to deal with …
Mixed Earnings And Rising Yields Weigh On Markets
[Chart courtesy of MarketWatch.com] The major indexes began the session on a downward trend after scoring another positive week. With major corporate earnings on the horizon, future market gains will hinge on companies surpassing expectations as the earnings season intensifies. Approximately 20% of S&P 500 companies, including prominent names like Coca-Cola, Tesla, and GE Aerospace, are set to release their …
ETF Tracker Newsletter For October 18, 2024
ETF Tracker StatSheet You can view the latest version here. GOLD AND SILVER REACH NEW HIGHS AMID INFLATION CONCERNS, BITCOIN NEARS $70K [Chart courtesy of MarketWatch.com] The Nasdaq surged ahead, driven in part by an impressive 8% jump in Netflix shares. The streaming giant not only exceeded earnings expectations but also reported a remarkable 35% increase in ad-tier memberships. …