[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 …
ETFs On The Cutline – Updated Through 10/18/2024
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 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. …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 10/17/2024
ETF Data updated through Thursday, October 17, 2024 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. …
Bond Yields Climb As Dollar Strengthens; Gold Hits Record High
[Chart courtesy of MarketWatch.com] Semiconductor stocks were the driving force behind the major indexes’ early rise, with Nvidia reaching a new all-time high. Taiwan Semiconductors contributed to the positive sentiment by not only reporting strong quarterly results but also raising its revenue forecasts. Other semiconductor companies, such as TSMC and AMD, also saw significant gains, erasing the previous day’s losses. …