[Chart courtesy of MarketWatch.com] Nvidia lit the fuse this morning with a strong earnings report, but the rally didn’t quite explode. While the chip giant’s results gave markets an early boost, excitement faded as traders turned their attention to trade policy uncertainty. A federal court ruling struck down Trump’s “reciprocal” tariffs, saying he overstepped his authority—raising fresh doubts about how …
Flat Trading Turns Sour After White House Chip Crackdown
[Chart courtesy of MarketWatch.com] The markets treaded water today as investors played the waiting game ahead of some big news—most notably, Nvidia’s earnings report and the latest Fed meeting minutes. Nvidia is set to report after the bell, and traders are watching closely, especially with growing concerns about how U.S. restrictions on chip sales to China might impact the AI …
Stocks Surge On Tariff Reprieve And Confidence Boost
[Chart courtesy of MarketWatch.com] The market’s back-and-forth news action continued, but this time stocks came out on top. Over the weekend, Trump announced he’d delay 50% of the planned tariffs on European imports until July 9th—something the head of the European Commission had requested. That news lit a fire under futures, and the momentum carried through the regular session as …
ETF Tracker Newsletter For May 23, 2025
ETF Tracker StatSheet You can view the latest version here. MARKETS STUMBLE AS TRADE TENSIONS FLARE—GOLD AND BITCOIN SHINE [Chart courtesy of MarketWatch.com] The markets stumbled out of the gate today after President Trump reignited trade tensions with a pair of aggressive tariff threats. He proposed a 25% levy on iPhones manufactured outside the U.S.—a direct shot at Apple—and …
Gold Fades, Bitcoin Swings As Markets Digest Massive Spending Package
[Chart courtesy of MarketWatch.com] Early trading saw two of the major indexes fluctuating near their unchanged lines, while the Nasdaq stood out with a clear upward move, reflecting pockets of bullish sentiment. The market’s attention was firmly on the passage of a sweeping tax and spending bill in the House, which aims to lower taxes and boost military spending but …
Bitcoin Soars, Gold Glows, Equities Slide: A Volatile Day Across Asset Classes
[Chart courtesy of MarketWatch.com] The markets opened on a weak note as rising bond yields and uncertainty surrounding the U.S. budget bill weighed on sentiment. Traders remained focused on developments in Washington, where Republican leaders are working to finalize a bill aimed at lowering taxes while expanding deductions for state and local taxes. While potentially beneficial for taxpayers, the proposal …