ETF Tracker StatSheet You can view the latest version here. HAWKISH FED SPEAK OVERWHELMS MARKETS [Chart courtesy of MarketWatch.com] Moving the markets Yesterday’s thrashing of the markets continued early this morning, but the major indexes again climbed back, yet only the Dow was able to eke out a small gain. Thursday afternoon, Fed mouthpieces Mester and Bullard combined forces …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 02/16/2023
ETF Data updated through Thursday, February 16, 2023 Methodology/Use of this StatSheet: 1. From the universe of over 1,800 ETFs, I have selected only those with a trading volume of over $5 million per day (HV ETFs), so that liquidity and a small bid/ask spread are assured. 2. Trend Tracking Indexes (TTIs) Buy or Sell decisions for Domestic and International …
Climbing Out Of A Hole—Again
[Chart courtesy of MarketWatch.com] Moving the markets Yesterday’s hotter-than-expected CPI report could not keep the markets under water for any length of time. The same meme was at play today, after a stronger-than-expected retail sales report pushed equities into an early hole. In an almost repeat performance, the major indexes battled back, reclaimed their unchanged lines and closed moderately in …
CPI Report: From Hangover To Recovery
[Chart courtesy of MarketWatch.com] Moving the markets Wild chaotic swings during the early marked the uncertainty connected with the hotter-than-expected January CPI report. Stocks dumped, pumped, and dumped again before managing to recover steep early losses. The reversal pushed only the Nasdaq back above its respective unchanged line by a moderate margin. The CPI rose 0.5% for the month, which …
Front Running The CPI Report—Again
[Chart courtesy of MarketWatch.com] Moving the markets As we witnessed last month, traders maintained the same theme, namely front running the CPI report, on hopes that a weaker number will appear, which would persuade the Fed to take the foot of the hiking pedal, and that a more dovish stance towards interest rates would be appropriate. The major indexes tried …
ETF Tracker Newsletter For February 10, 2023
ETF Tracker StatSheet You can view the latest version here. GOING NOWHERE [Chart courtesy of MarketWatch.com] Moving the markets After yesterday’s Puke-A-Thon, the markets tried to find some footing but, while the Dow and S&P 500 managed to eke out a moderate last hour gain, the Nasdaq ended the session in the red. Alternating between gains and losses, the …