ETF Tracker StatSheet You can view the latest version here. GOLD GLITTERS AND BITCOIN BOOMS AS THE DOLLAR DIVES [Chart courtesy of MarketWatch.com] In the whimsical world of Wall Street, the major indexes took a rollercoaster ride, initially hitting the gas with bullish enthusiasm only to slam on the brakes and retreat, leaving Nvidia’s jaw-dropping rally needing a pit …
Bitcoin And Gold Shine As The Market And The Dollar Diverge
[Chart courtesy of MarketWatch.com] The stock market recovered some of its losses on Thursday, as investors cheered lower inflation forecasts from Europe and higher tech stocks. The European Central Bank cut its projections for inflation and growth for this year but kept its interest rates unchanged. This suggested that inflation was not a global threat. The ECB’s decision followed the …
Gold And Bitcoin Steal The Show As Tech Stocks Crash And Nvidia Spooks
[Chart courtesy of MarketWatch.com] The U.S. stock market took another hit on Tuesday, as big tech stocks like Apple dragged it down further from its recent record highs. Apple lost almost 3% after a report showed that its iPhone sales tanked in China in the first six weeks of 2024. Other tech giants such as Tesla, Netflix and Microsoft also …
How NVDA Is Chasing Cisco’s Record As Gold And Bitcoin Soar
[Chart courtesy of MarketWatch.com] The Dow Jones Industrial Average took a break on Monday after hitting new highs in a rally driven by artificial intelligence stocks. Apple dropped more than 2% after the European Union slapped it with a $2 billion fine for abusing its market power in music streaming. The Nasdaq Composite, which is loaded with tech stocks, reached …
ETF Tracker Newsletter For March 1, 2024
ETF Tracker StatSheet You can view the latest version here. THE NASDAQ HITS A NEW HIGH: IS THIS A BUBBLE OR A BOOM? [Chart courtesy of MarketWatch.com] The Nasdaq Composite hit a new record high on Friday, breaking its previous peak from 2021. Investors were betting big on mega cap tech stocks, hoping to cash in on the slowing …
Inflation Report No Surprise, S&P 500 Rises On Last Day Of February
[Chart courtesy of MarketWatch.com] The S&P 500 edged up on the last day of February, as investors shrugged off an inflation report that met expectations and looked at some upbeat consumer spending data. The Fed’s favorite inflation indicator, the core PCE index, rose by 0.4% in January and 2.8% year-over-year, matching the Dow Jones estimates. The headline PCE index, which …