[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 …
ETF Tracker Newsletter For April 25, 2025
ETF Tracker StatSheet You can view the latest version here. STOCKS AND BONDS SHOW STRONG WEEKLY PERFORMANCE DESPITE CHOPPY SESSION [Chart courtesy of MarketWatch.com] Equities initially slipped but later recovered as traders weighed mixed earnings from major tech companies and the latest developments in the trade war. Google parent Alphabet, part of the Mag7 stock basket, exceeded first-quarter earnings …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 04/24/2025
ETF Data updated through Thursday, April 24, 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. …
China Dismisses Trade Talk Progress, Markets Remain Optimistic
[Chart courtesy of MarketWatch.com] The tech sector led the ongoing rebound, as traders sought signs of progress in the heated tariff situation. Despite China’s overnight announcement that no trade talks were happening with the U.S., they confirmed that all statements about progress on bilateral talks should be dismissed and that the cancellation of unilateral tariffs is forthcoming. Wall Street traders …