[Chart courtesy of MarketWatch.com] Moving the markets The Fed finally raised the interest rate by 0.25%, as everyone expected. The markets cheered at first, but then realized that the party was over and went back to their gloomy mood. Only the Dow managed to stay positive by a hair. The problem was that the Fed didn’t sound too confident about …
Dow Defies Earnings And Fed Jitters, Extends Record Run
[Chart courtesy of MarketWatch.com] Moving the markets The Dow kept its winning streak alive for the 12th day in a row, shrugging off mixed earnings and the looming Fed decision on rates. Traders and algos were in a bullish mood, pushing the index to its highest level in six years. Some earnings highlights: GM skidded 4% even after raising its …
Fed Hike Looms as Economy Weakens
[Chart courtesy of MarketWatch.com] Moving the markets The stock market had a decent day, except for the Nasdaq, which barely moved. It managed to squeeze out a tiny gain of +0.19% in the final minutes, but that’s hardly impressive. This week will be packed with events that could shake up the markets, such as the Fed and ECB meetings on …
ETFs On The Cutline – Updated Through 07/21/2023
Do you want to know which ETFs are hot and which ones are not? Then you need my High-Volume ETF Cutline report. It tells you how close or far each of the 311 ETFs I follow is from its long-term trend line (39-week SMA). These are the ETFs that trade more than $5 million a day, so they are not …
ETF Tracker Newsletter For July 21, 2023
ETF Tracker StatSheet You can view the latest version here. LIQUIDITY VS STOCKS: WHO WILL WIN? [Chart courtesy of MarketWatch.com] Moving the markets The stock market had a wild ride this week, as investors scrambled to adjust their portfolios before a major reshuffle of the Nasdaq-100 index on Monday. A flurry of options trading added to the volatility. Corporate …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 07/20/2023
ETF Data updated through Thursday, July 20, 2023 How to use this StatSheet: Out of the 1,800+ ETFs out there, I only pick the ones that trade over $5 million per day (HV ETFs), so you don’t get stuck with a lemon that nobody wants to buy or sell. Trend Tracking Indexes (TTIs) These are the main indicators that tell …