[Chart courtesy of MarketWatch.com] Today’s market revealed a downturn in the major indexes following the release of March’s inflation data, which exceeded expectations and may delay anticipated interest rate cuts by the Federal Reserve. Energy was the only sector not to decline, with real estate experiencing over a 4% drop, the most significant loss of the day. After a strong …
Tech Stocks Wobble As CPI Release Looms: Market Awaits Fed’s Move
[Chart courtesy of MarketWatch.com] In a volatile trading session, the major stock indexes initially declined but ultimately recovered, as investors sought to regain optimism before the release of pivotal U.S. inflation data. The early downturn lacked a clear trigger, suggesting that apprehension over the forthcoming Consumer Price Index (CPI) report dominated sentiment. However, strategic dip buying at lower prices helped …
Stocks Stagnate As Investors Eye Fed’s Inflation Battle
[Chart courtesy of MarketWatch.com] In today’s trading session, stock performance remained static as traders sought stability after last week’s downturn. Despite a general uptick in the market, the rise in Treasury yields, particularly the benchmark 10-year yield which ascended by 5 basis points to 4.426%, tempered broader gains. The Dow Jones Industrial Average recorded its poorest weekly showing since March …
ETF Tracker Newsletter For April 5, 2024
ETF Tracker StatSheet You can view the latest version here. STOCKS RALLY AMID SURGING GOLD AND OIL PRICES: CAN THE TREND CONTINUE? [Chart courtesy of MarketWatch.com] Stocks made a robust recovery on Friday morning, bouncing back from the index’s most significant downturn in over a year. Investors welcomed the news of a jobs report that surpassed expectations, despite a …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 04/04/2024
ETF Data updated through Thursday, April 4, 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. …
Market Tumbles Amid Oil Surge And Rate Cut Uncertainty
[Chart courtesy of MarketWatch.com] The stock market began on a positive note but quickly reversed course as investors braced for the upcoming March jobs report. Rising oil prices and concerns that the Federal Reserve might pause interest rate cuts contributed to negative market sentiment. Midday, crude oil prices surged, with WTI oil reaching over $86 per barrel, its highest since …