ETF Tracker StatSheet You can view the latest version here. OIL STEADY, DOLLAR WEAK – SOLID WEEK DESPITE WAR NOISE [Chart courtesy of MarketWatch.com] Stocks started the day with a slight bounce, putting the major indexes on track for a solid weekly gain as traders kept one eye on the fragile two-week ceasefire between the U.S. and Iran. Inflation …
From Early Dip to Solid Green Close – Markets Shake Off War Jitters
[Chart courtesy of MarketWatch.com] The major indexes dipped early but quickly found their footing and closed with solid green gains. The rebound was helped by easing oil prices and ongoing monitoring of the U.S.-Iran ceasefire situation. West Texas Intermediate crude eased back after briefly topping $100 a barrel, while traders digested the details of the two-week “double-sided” ceasefire. The deal …
Indexes Reclaim 200-DMAs – Gold & Bitcoin Join The Party
[Chart courtesy of MarketWatch.com] Stocks jumped this morning after President Trump announced he was suspending attacks on Iran for two weeks, pausing a five-week conflict that had closed the Strait of Hormuz and sent markets reeling. West Texas Intermediate crude futures tumbled more than 17% to $93.42 a barrel following the news. Trump posted on Truth Social that he agreed …
Early Red Turns Green – Trump Deadline Looms Large
[Chart courtesy of MarketWatch.com] The major indexes started the day in the red as President Trump’s deadline for Iran to reopen the Strait of Hormuz loomed large, with hopes for a quick agreement fading fast. Trump’s latest Truth Social post added to the drama, warning that “a whole civilization will die tonight, never to be brought back again” if no …
Mag 7 Shows Life, Gold Holds Strong – Optimism Creeps In
[Chart courtesy of MarketWatch.com] The Dow opened with a sharp 600-point drop as traders kept watching the Iran war and rising oil prices (crude surged around 11%). But the major indexes staged a solid comeback after Iranian state media said the country is working with Oman on a protocol to let ships pass through the Strait of Hormuz again. One …
Nasdaq Leads Rally – Oil Eases, Gold Tests $4,800
[Chart courtesy of MarketWatch.com] The major indexes kicked off the new month on a positive note, climbing steadily as fresh hope emerged that the U.S.-Iran war could be winding down. President Trump posted on Truth Social that Iran’s president had asked for a ceasefire, though he added the U.S. would only consider it once the Strait of Hormuz is “open, …