[Chart courtesy of MarketWatch.com] Equities started the first trading day of March with aimless meandering, leading to a rocky start. Soft economic data from the construction and manufacturing sectors released today raised concerns about the state of the economy, causing major indexes to head sharply south and nearly wipe out Friday’s gains. This reinforces the point that we have reached …
ETFs On The Cutline – Updated Through 02/28/2025
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 February 28, 2025
ETF Tracker StatSheet You can view the latest version here. VOLATILE FEBRUARY ENDS WITH EQUITIES RECOVERING STRONGLY [Chart courtesy of MarketWatch.com] The major indexes advanced this morning as the much-anticipated PCE index, the Fed’s preferred inflation gauge, met expectations. The data showed that inflation eased slightly in January, increasing by 0.3% for the month and 2.5% on an annual …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 02/27/2025
ETF Data updated through Thursday, February 27, 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. …
Equities Fall As Jobless Claims Rise And Pending Home Sales Collapse
[Chart courtesy of MarketWatch.com] Despite Nvidia exceeding fourth-quarter estimates and providing strong AI guidance, mixed aspects of their earnings report led to an 8.5% drop in the stock. Major indexes followed suit, closing another session in the red. Adding to the market’s woes, Trump’s announcement that tariffs on Mexico and Canada would proceed as planned, effective March 4th after a …
Stagflation Concerns Weigh On Markets, Cryptos And Gold Show Mixed Reactions
[Chart courtesy of MarketWatch.com] After four consecutive losing sessions, the S&P 500 and other major indexes found some stability as bullish sentiment returned to Wall Street, at least initially. The Nasdaq led the way ahead of Nvidia’s earnings announcement, which is due after today’s close. In anticipation of a positive report, Nvidia gained 3.5% after a 3% advance on Wednesday, …