[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 …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 07/20/2023
ETF Data updated through Thursday, July 20, 2023 How to use this StatSheet: Out of the 1,800+ ETFs out there, I only pick the ones that trade over $5 million per day (HV ETFs), so you don’t get stuck with a lemon that nobody wants to buy or sell. Trend Tracking Indexes (TTIs) These are the main indicators that tell …
Nasdaq Nosedives As Chipmaker Slashes Outlook
[Chart courtesy of MarketWatch.com] Moving the markets The Dow managed to squeeze out a tiny gain for the 9th day in a row, but the rest of the market was not so lucky. The S&P 500 fell, and the Nasdaq took a big hit. Johnson & Johnson’s strong earnings helped the Dow, but there was no sign of a short …
Dow Ignores Goldman Sachs Flop, Rises For Eighth Day With Short Squeeze Help
Moving the markets The Dow Jones Industrial Average had another good day on Wednesday, rising for the eighth day in a row with some help from the short squeeze crowd. That’s the longest streak of gains since September 2019, as investors celebrate the strong earnings season, ignoring the fact that the expectations were low to begin with. The Dow didn’t …
Gold Shines as Stocks Rally on Strong Earnings and “Goldilocks” Economy
[Chart courtesy of MarketWatch.com] Moving the markets Bank stocks BoA and NY Mellon beat earnings expectations and lifted the market mood, while the short squeeze craze fizzled out. Morgan Stanley and PNC Financial also impressed investors with strong results, especially in wealth management for Morgan Stanley. According to FactSet, the earnings season is off to a flying start with 84% …