ETF Tracker StatSheet You can view the latest version here. JOBS REPORT FLOP, BOND YIELD DROP, STOCK MARKET POP: IS THIS A NEW BULL MARKET? [Chart courtesy of MarketWatch.com] The stock market had a blast last week, despite a dismal jobs report that sent bond yields and the dollar plunging. Investors cheered the alleged end of the Fed’s rate …
Stock Market Bulls Ignore Fed’s Warning And Keep Charging Ahead
[Chart courtesy of MarketWatch.com] The stock market bulls were in full force today, as they shrugged off the Fed’s hawkish hints and drove the indexes higher for the fourth day in a row. They were betting that the central bank had finished raising interest rates for 2023, after seeing some signs of easing inflation in the latest data. The rally …
Fed Stays Put, Market Cheers: But How Long Can Stocks Ignore Reality?
[Chart courtesy of MarketWatch.com] Stocks rallied on Wednesday, bouncing back from a dismal past three months, after the Federal Reserve kept interest rates unchanged for a second consecutive time. This led traders and algorithms to believe that the central bank would stay put for the rest of the year. The Treasury detailed plans of the size of its future bond …
Is History Repeating Itself? Stocks Suffer Third Monthly Loss As Bond Yields Spike
[Chart courtesy of MarketWatch.com] The S&P 500 managed to end the day in the green, but it was not enough to save the month from being a disaster. Treasury yields soared to levels not seen since 2007, making bonds look more attractive than stocks. Caterpillar, the maker of heavy machinery, beat earnings expectations for the third quarter, but warned that …
S&P 500 Tries To Escape Correction Zone, But Big Week Looms Ahead
[Chart courtesy of MarketWatch.com] Stocks bounced back on Monday after a brutal beating in the past few weeks. The S&P 500 tried to escape the correction zone, as traders braced for a busy week of Fed, jobs, and Apple news. It was about time for some relief from the oversold madness. The rally was widespread, with all 11 sectors of …
ETF Tracker Newsletter For October 27, 2023
ETF Tracker StatSheet You can view the latest version here. THE GOOD, THE BAD, AND THE UGLY: AMAZON OUTPERFORMS, BUT MARKET UNDERWHELMS [Chart courtesy of MarketWatch.com] The Nasdaq tried to bounce back on Friday after a brutal week, but the S&P 500 was not in the mood and slipped into correction mode. Amazon was the star of the show, …