ETF Tracker Newsletter For May 10, 2024

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ETF Tracker StatSheet           You can view the latest version here. DOW AND S&P 500 RISE AMIDST ECONOMIC UNCERTAINTY AND INFLATION WOES [Chart courtesy of MarketWatch.com] In the intricate dance of the stock market, this week presented a mixed tableau. The Dow and the S&P 500, like seasoned performers, managed to spin around to another session of gains amidst a …

Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 05/09/2024

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ETF Data updated through Thursday, May 9, 2024 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 Glitters As Stocks Rise, Dollar Dips In Market Rebound

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[Chart courtesy of MarketWatch.com] Today’s stock market narrative unfolded with a cautiously optimistic tone as traders navigated through a landscape of mixed signals. Disappointing earnings reports cast a shadow, yet new economic data infused the markets with hope, suggesting the possibility of a more lenient Federal Reserve policy as the year progresses. This juxtaposition of concerns and expectations set the …

Uber And Intel Struggle: Fed Commentary Leaves Traders Uncertain

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[Chart courtesy of MarketWatch.com] In today’s market, the major indexes experienced a slip due to pressure on several tech companies, causing both the Nasdaq and S&P 500 to break their recent winning streaks. However, there was an exception: the Dow managed to defy the trend and extend its winning streak to six days. Specifically, Uber shares took a hit, plummeting …

Wall Street Rises On Rate Cut Hopes; Buffet’s Caution Raises Eyebrows

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[Chart courtesy of MarketWatch.com] Today’s financial markets saw a continuation of growth, with major indexes like the S&P 500, and Nasdaq each climbing over 1% in value. This surge was fueled by the latest jobs report, which indicated slower-than-anticipated job growth in April and a slight uptick in unemployment rates. These figures have quelled concerns about an overheated economy and …

ETF Tracker Newsletter For May 3, 2024

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ETF Tracker StatSheet           You can view the latest version here. ECONOMIC DATA DISAPPOINTS, BUT MARKETS CLING TO RATE CUT DREAMS [Chart courtesy of MarketWatch.com] Today’s stock market witnessed a significant surge, buoyed by the April jobs report which fell short of expectations, sparking speculation that the Federal Reserve might consider reducing interest rates soon. The report indicated an addition …