[Chart courtesy of MarketWatch.com] Equities dropped this morning as the S&P 500 retreated from yesterday’s new all-time high, following a disappointing forecast from Walmart. The stock fell over 6.5% after the company announced lackluster fiscal year sales growth of 3-4% and a 2026 earnings outlook that fell below expectations. This weak guidance raised concerns about the health of the consumer. …
Equities Rebound On Fed Taper Hints; Dollar And Bitcoin Rally
[Chart courtesy of MarketWatch.com] After yesterday’s record session for the S&P 500, the major indexes pulled back moderately due to concerns about persistent inflation and proposed trade tariffs by Trump. He suggested imposing duties of up to 25% on imported autos, chips, and pharmaceuticals. Among the S&P 500 sectors, Materials were the worst performers, losing around 1%, while Energy defied …
Strong Start To Weak Season: Can Market Momentum Continue?
[Chart courtesy of MarketWatch.com] The markets showed little activity early on, with the S&P 500 trading near its highs and eventually closing at a new all-time high. Some tech stocks, including Intel, Nvidia, and Microsoft, posted gains, with Intel leading the pack and achieving its largest two-week increase on record. Meanwhile, Meta’s 20-day win streak came to an end, causing …
ETF Tracker Newsletter For February 14, 2025
ETF Tracker StatSheet You can view the latest version here. STOCKS, BITCOIN, AND GOLD RISE DESPITE INFLATION CONCERNS [Chart courtesy of MarketWatch.com] The major indexes paused early on as traders digested this week’s gains, most of which were generated yesterday. President Trump’s memorandum outlining a plan for reciprocal tariffs on goods from countries with duties on U.S. products boosted …
Equities Climb As Traders Bet On Softer PCE Amid Trade Tensions
[Chart courtesy of MarketWatch.com] Following yesterday’s hotter-than-expected Consumer Price Index (CPI) report, today’s Producer Price Index (PPI) numbers also exceeded expectations. The January PPI showed a 0.4% increase, surpassing the consensus of 0.3%. The core PPI, which excludes food and energy, rose by 0.3%, aligning with estimates. Despite these increases, traders pushed equities higher, reasoning that these latest figures suggest …
Fed’s Stance On Inflation Confirmed As CPI Surpasses Expectations
[Chart courtesy of MarketWatch.com] The much-anticipated Consumer Price Index (CPI) report confirmed to me that the Federal Reserve’s decision to delay rate cuts was an acknowledgment that inflation remains a persistent issue. In January, the CPI rose by 0.5% for the month, pushing the annual inflation rate to 3%, surpassing expectations of 0.3% and 2.9%, respectively. The core CPI, which …