ETF Data updated through Thursday, August 22, 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. …
Equities Retreat, Dollar Rebounds: Market Awaits Powell’s Insights
[Chart courtesy of MarketWatch.com] As we approach the conclusion of the Jackson Hole symposium, the major indexes have been experiencing volatility ahead of Fed Chair Powell’s anticipated commentary. Historically, Powell’s speeches at Jackson Hole have often boosted equities, but when they haven’t, sharp declines have followed. Currently, the S&P 500 is within 1.25% of its all-time intraday high set in …
Fed Minutes Spark Market Rally Amid Rate Cut Speculation
[Chart courtesy of MarketWatch.com] In anticipation of the minutes from the latest Federal Reserve policy meeting, traders pushed the major indexes higher, as sentiment turned bullish following yesterday’s pause. The latest retail earnings presented a mixed picture, with Target rallying 15% while Macy’s stock dropped more than 12%. While the Central Bank maintained its stance and left rates unchanged at …
Economic Indicators Signal Weakness: Gold Surges, Small Caps Hammered
[Chart courtesy of MarketWatch.com] Equities slipped early on, as bullish sentiment faltered slightly after the consistent recovery over the past week, with the S&P 500 registering eight straight winning sessions. Reduced volatility was the main contributor after the disastrous start to August. Earnings reports were mixed, with Palo Alto Networks jumping while home retailer Lowe’s dropped after poor revenue and …
Markets Rebound Despite Early Slips And Economic Concerns
[Chart courtesy of MarketWatch.com] Coming off a winning week, the major indexes initially slipped but managed to regain their footing, closing in the green once again. The markets went through a significant downturn in early August due to the Japanese yen debacle and disappointing jobs data, which heightened traders’ concerns that the Federal Reserve was lagging in easing its interest …
ETFs On The Cutline – Updated Through 08/16/2024
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 …