[Chart courtesy of MarketWatch.com] Moving the markets The Fed meeting was the main event of the day, as everyone waited with bated breath to see what the central bank would do with interest rates. Would they hike, cut, or hold steady? Would they signal a dovish or hawkish stance? Would they make any jokes or puns to lighten the mood? …
Stocks Tumble, Fed Mumbles, Oil Rumbles, And Bonds Crumble
[Chart courtesy of MarketWatch.com] Moving the markets The markets had a bad hair day on Tuesday as they waited for the Federal Reserve to wake up and make a move. After plunging in the middle of the day, the major indexes clawed their way back up but still ended in the red. The central bank’s two-day meeting started on Tuesday, …
S&P 500 Snoozes As Investors Brace For Fed Surprise
[Chart courtesy of MarketWatch.com] Moving the markets The S&P 500 was bored on Monday as investors waited for the Federal Reserve to make up its mind about the interest rates. The S&P 500 and the Nasdaq were both losers for the second week in a row, while the Dow managed to squeeze out a tiny win. Oil prices soared to …
ETF Tracker Newsletter For September 15, 2023
ETF Tracker StatSheet You can view the latest version here. TECH WRECK: MARKET PLUNGES AS INFLATION FEARS LOOM [Chart courtesy of MarketWatch.com] Moving the markets The market had a bad case of the Fridays, as tech stocks led the way down and erased most of the gains from earlier this week. Auto stocks were the exception, as Ford, GM …
Inflation Who? Market Surges On Strong Retail Sales And Short Squeeze
[Chart courtesy of MarketWatch.com] Moving the markets The market soared today as investors shrugged off inflation fears and snapped up stocks that were heavily shorted. This triggered a powerful short squeeze that boosted our domestic TTI deeper into the green zone. This means we can breathe a sigh of relief and postpone any potential “Sell” for now. The market optimism …
Energy Sector Shines, Rest Of Market Dims As Inflation Looms
[Chart courtesy of MarketWatch.com] Moving the markets Oil prices soared to their highest level in seven years, making everyone wonder if they should invest in electric cars or bicycles. The rising cost of energy spooked the stock market, which fell for the second day in a row. The major indexes dipped below their 50-day moving averages, a sign of weakness …