AFMC News and Press, First Trust Active Factor Mid Cap ETF From 06/17/24

2024-06-17 02:05:21 ET Summary The market turning points are monitored by the Sector Diffusion Index, Trifecta Distribution Index, and Uptrend indicators. Questions about a soft landing, rapid bull market spike, and market downturn vs. sustainable bullishness are being considered....

2024-06-16 16:00:00 ET Summary S&P 500 has reached the long-standing target of 5400-412. However, a bullish bias remains and is likely to persist into Q3. With two higher timeframe exhaustion signals due to come into effect in early Q3, a reversal may be setting. Short...

2024-06-16 11:07:11 ET Summary Despite record highs in the major market indices, there are four primary economic and market indicators flashing at least yellow that investors are overlooking. These include a continued inverted yield curve, a complete lack of market breadth, and on...

2024-06-16 06:15:00 ET Summary Indexes with Nvidia are making new highs, while those without are struggling since March peak. Market breadth is weakening, with fewer stocks making new highs and more making new lows. Nvidia's overwhelming influence on the market is masking unde...

2024-06-15 11:10:00 ET Summary Despite softer US inflation readings and lower interest rates, the US dollar performed well against the euro, sterling, and yen. Political anxiety in France and the UK, along with economic highlights from central bank meetings, impacted currency mark...

2024-06-15 07:16:12 ET Summary The macro view is reality, while the short term is emotion-based, and they rarely align. Separate the two, in the short term - it's always price action. The economic data set that investors need to measure this economic backdrop, is filled with confl...

2024-06-15 05:56:00 ET Summary Global risk-off is gathering momentum, and there's now a clear and present potential de-risking/deleveraging catalyst. Unlike the fleeting UK debt crisis, French election results have the potential to reverberate throughout the European debt markets ...

2024-06-15 04:00:00 ET Summary NVIDIA has been up 155% year to date; its market cap is over $3 trillion. All previous stock market bubbles share the following in common: a narrow stock market rally that focuses on a small group of stocks in a small sector of the economy that Wall ...

2024-06-14 23:00:00 ET Summary Recent focus has centered on the Federal Open Market Committee’s dot plot, which now suggests just one rate cut in 2024. A closer examination reveals the committee is divided, with more participants (8 out of 19) anticipating two rate cuts thi...

2024-06-14 21:20:00 ET Summary The Federal Open Market Committee (FOMC) kept the benchmark policy rate at 5.25%-5.50% at its June meeting for the seventh consecutive meeting. More significantly, the latest dot plot revealed that the FOMC’s median projection has removed two ...