ETF Tracker Newsletter For May 12, 2023

Ulli ETF Tracker Contact

ETF Tracker StatSheet           You can view the latest version here. STRUGGLING FOR GUIDANCE [Chart courtesy of MarketWatch.com] Moving the markets Traders were still trying to digest the double punch in the form of the struggling economy and the ongoing uncertainties in the banking sector. Neither provided any motivation to hold on to equities, so south we went. However, as …

Disney And PacWest Trouble Markets

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com] Moving the markets The race to getting nowhere fast continued, as Disney’s earnings showed that subscriber growth was anything but acceptable causing the stock to puke by losing over 8%. Then it was PacWest which confirmed that the banking troubles are far from being over by acknowledging in a regulatory filing that its deposits fell 9.5% …