ETF Tracker StatSheet You can view the latest version here. NO TREATS FOR THE BULLS: THE MARKETS ENDED SEPTEMBER AND Q3 IN THE RED [Chart courtesy of MarketWatch.com] Moving the markets The markets started Friday on a high note, thanks to the latest inflation data that made investors feel optimistic. But the good mood didn’t last long, as the …
Stocks Rebound On Short Squeeze, But Will It Last?
[Chart courtesy of MarketWatch.com] Moving the markets Stocks finally got off the floor on Thursday and clung to their gains until the end, as investors watched the wild swings in the bond market with bated breath. After weeks of getting hammered, the market needed a bounce. A massive short squeeze helped the bulls but don’t get too excited. This rally …
Inflation Concerns And Tightening Financial Conditions Drive Stock Market Turbulence
[Chart courtesy of MarketWatch.com] Moving the markets The stock market experienced a wild ride on Wednesday as Wall Street attempted to recover from steep losses seen in the previous session. This rollercoaster was fueled by a dip and then a rip in Treasury yields and the release of positive economic data. The benchmark 10-year Treasury yield rallied above the 4.6% …
S&P 500 Plunges As Home Sales Crash And Consumer Confidence Falls
[Chart courtesy of MarketWatch.com] Moving the markets The market had a terrible day today, as dismal reports on home sales and consumer confidence sent the S&P 500 to its lowest level in months. The index plunged 1.47%, breaking below 4,300 for the first time since June 9. The housing market showed signs of cooling down, as new home sales in …
Bond Yields Surge, AI Stocks Rally, And Market Goes Nowhere Fast
[Chart courtesy of MarketWatch.com] Moving the markets The S&P 500 barely budged Monday as the 10-year Treasury yield soared, and the market started the last week of September with a whimper. But hey, at least the index closed in the green. The 10-year Treasury yield reached 4.5%, hitting levels not seen since 2007 when it peaked at 4.57%. Remember 2007? …
ETF Tracker Newsletter For September 22, 2023
ETF Tracker StatSheet You can view the latest version here. MARKETS HIT WALL OF WORRY, FED TALKS TOUGH, GOVERNMENT SHUTDOWN LOOMS [Chart courtesy of MarketWatch.com] Moving the markets The markets tried to shake off their blues, but hit a wall of red. The indexes turned around and slid below unchanged lines. They couldn’t make a comeback and ended up …