[Chart courtesy of MarketWatch.com] Equities were mixed in early trading but gained some ground as bullish sentiment persisted. The tech sector continued to lead, with Nvidia rising over 2% following news that Saudi Arabia purchased 18,000 of its highly rated AI chips. Fellow chipmaker AMD surged more than 7% due to a $6 billion buyback. The S&P 500 finally reached …
S&P 500 And Nasdaq Return To Positive Territory, Lagging Behind Gold
[Chart courtesy of MarketWatch.com] Early gains helped the S&P 500 and Nasdaq return to positive territory for the year, although both are still trailing gold’s performance by over 23%. Nvidia boosted the Nasdaq with a 7% rise in early trading, while the Dow remained in the red. Sentiment remains positive following yesterday’s surge, with traders pleased that Trump secured more …
Equities Rally On Productive U.S.-China Trade Talks
[Chart courtesy of MarketWatch.com] Equities surged at the opening following news that the U.S. and China agreed to temporarily slash tariffs after weekend negotiations in Switzerland. Treasury Secretary Bessent described the talks as “very productive,” with both parties agreeing to cut reciprocal tariffs by 115% for nine days. Specifically, this means the U.S. will reduce Chinese tariffs to 30%, while …
ETFs On The Cutline – Updated Through 05/09/2025
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 May 9, 2025
ETF Tracker StatSheet You can view the latest version here. EQUITIES SLIP AMID U.S.-CHINA TRADE TALK ANXIETY [Chart courtesy of MarketWatch.com] With the much-anticipated trade talks between the U.S. and China scheduled for this weekend, equities slipped in early trading as anxiety prevailed on Wall Street. There is hope that following the U.S.-U.K. trade agreement, other major nations will …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 05/08/2025
ETF Data updated through Thursday, May 8, 2025 How to use this StatSheet: These are the main indicators that tell you when to buy or sell Domestic and International ETFs (section 1 and 2). They do that by comparing their position to their long-term M/A (Moving Average). If they cross above, and stay there, it’s a green light to buy. …