[Chart courtesy of MarketWatch.com] Equities started the day on a downward trend as traders eagerly awaited the Fed’s policy decision tomorrow. They were also tracking global news for any signs of progress on potential trade deals. Tech giants Nvidia and Meta, along with Tesla, saw declines. Tesla’s new car sales in Britain and Germany fell to their lowest levels in …
Gold Shines Amid Market Selloff And Mixed Economic Data
[Chart courtesy of MarketWatch.com] The markets pulled back early in the session as hopes for new trade deals diminished following President Trump’s announcement of surprise levies on movies made outside the U.S. He elaborated on negotiations with various countries, emphasizing that he is setting the terms of any agreement. Additionally, he made it clear that there are no plans to …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 05/01/2025
ETF Data updated through Thursday, May 1, 2025 How to use this StatSheet: These are the main indicators that tell you when to buy or sell Domestic and International ETFs (section 1 and 2). They do that by comparing their position to their long-term M/A (Moving Average). If they cross above, and stay there, it’s a green light to buy. …
Gold And Bitcoin Shine Amid April’s Market Volatility
[Chart courtesy of MarketWatch.com] An early stumble interrupted April’s comeback rally as bad news about the U.S. economy pulled the markets down. First-quarter GDP declined by 0.3%, a sharp reversal from the 2.4% increase in the fourth quarter. The Commerce Department report also showed a slowdown in consumer spending and a decline in government spending, the latter being a result …
Bullish Sentiment Drives Market Rebound Despite Volatility
[Chart courtesy of MarketWatch.com] The major indexes opened flat and remained close to their initial levels in early trading, as Wall Street awaited updates on trade deal negotiations. While the Treasury Secretary mentioned productive discussions with Japan and hinted at a potential “framework” agreement with India, the absence of details regarding China put pressure on the markets. General Motors saw …
Aggressive Option Buying Saves Stocks, Gold Rallies As Dollar Weakens
[Chart courtesy of MarketWatch.com] The major indexes remained relatively unchanged in early trading, ahead of this week’s announcements of big tech earnings and economic data, as well as the latest developments in the trade saga. There is still no clarity on any potential agreement with China, although Treasury Secretary Bessent noted progress on other proposals, suggesting that a deal with …