ETF Tracker StatSheet You can view the latest version here. MARKET RALLIES ON POSITIVE NEWS, BUT INFLATION THREAT LOOMS LARGE [Chart courtesy of MarketWatch.com] Moving the markets The market was in a good mood today, thanks to some positive news on inflation and earnings. After the wild swings of yesterday, investors breathed a sigh of relief as the Fed’s …
Honeywell, Japan, And Bond Yields Spoil Dow’s Party
[Chart courtesy of MarketWatch.com] Moving the markets The Dow Jones Industrial Average was on a roll this week, hitting new highs on hopes of a strong economy, tame inflation and solid earnings. But the party came to an abrupt halt on Thursday, when the index reversed course and plunged into the red. What happened? One culprit was Honeywell, whose shares …
Powell Talks Tough, But Markets See Through His Bluff
[Chart courtesy of MarketWatch.com] Moving the markets The Fed finally raised the interest rate by 0.25%, as everyone expected. The markets cheered at first, but then realized that the party was over and went back to their gloomy mood. Only the Dow managed to stay positive by a hair. The problem was that the Fed didn’t sound too confident about …
Dow Defies Earnings And Fed Jitters, Extends Record Run
[Chart courtesy of MarketWatch.com] Moving the markets The Dow kept its winning streak alive for the 12th day in a row, shrugging off mixed earnings and the looming Fed decision on rates. Traders and algos were in a bullish mood, pushing the index to its highest level in six years. Some earnings highlights: GM skidded 4% even after raising its …
Fed Hike Looms as Economy Weakens
[Chart courtesy of MarketWatch.com] Moving the markets The stock market had a decent day, except for the Nasdaq, which barely moved. It managed to squeeze out a tiny gain of +0.19% in the final minutes, but that’s hardly impressive. This week will be packed with events that could shake up the markets, such as the Fed and ECB meetings on …
ETF Tracker Newsletter For July 21, 2023
ETF Tracker StatSheet You can view the latest version here. LIQUIDITY VS STOCKS: WHO WILL WIN? [Chart courtesy of MarketWatch.com] Moving the markets The stock market had a wild ride this week, as investors scrambled to adjust their portfolios before a major reshuffle of the Nasdaq-100 index on Monday. A flurry of options trading added to the volatility. Corporate …