BFTR News and Press, BLACKROCK ETF TRUS From 10/16/23

2023-10-16 12:52:00 ET Summary Considering the outbreak of geopolitical events in the past week, it may be surprising that the S&P 500 end the week higher than it closed in the previous week. The latest update for the alternative futures chart shows the S&P 500's trajector...

2023-10-16 11:05:00 ET Summary Our proprietary signal has flashed red twice in the last several weeks. Does the double signal something more ominous approaching? The Fed pointed to the soaring 10-year yields and term premiums as indicators that its job of tightening monetary polic...

2023-10-16 03:51:00 ET Summary Current 2024 EPS estimates expect 10%-12% S&P 500 EPS growth next year, after 1%-2% growth this year. The forward 4-quarter estimate fell last week to $239.22 from the prior week’s $239.93 and June 30th’s $224.01. Inflation data...

2023-10-10 00:30:00 ET Summary Few investors know that the notional dollar value in daily futures trading exceeds that of the cash trading at NYSE. The declines in S&P 500 futures in September have had a high correlation with the direction of the moves of the 10-year Treasury ...

2023-10-09 21:10:00 ET Summary The stock market trended down most of last week, but investors’ animal spirits were lifted on Friday after an unexpectedly positive jobs report was released, as well as some positive earnings reports. The S&P 500 rose 1.2% on Friday to hel...

2023-10-09 15:48:00 ET Summary Investors received some of the worst possible news they could have expected on Friday, 6 October 2023. The September employment numbers were higher than expected, elevating the probability of another rate hike by the Federal Reserve before the end of...

2023-10-09 04:53:00 ET Summary For the week, the S&P 500 was up 0.5%. The best performer last week was Volatility, as investors were willing to pay higher premiums to hedge their downside risk. The S&P Top 7 mega-cap tech stocks led the market higher last week. ...

2023-10-07 02:14:00 ET Summary In the US, even though inflation has started to decline, the Federal Reserve is struggling to quell rising prices. Stubborn inflation, high interest rates and recession fears have persisted through 2023. The technology-driven market has been extr...

2023-10-06 20:05:00 ET Summary For Q1 ’23 earnings, the “upside surprise” or beat rate for Q1 ’23 S&P 500 EPs was 6.8%. For Q2 ’23 earnings, the “upside surprise” or beat rate for Q2 ’23 S&P 500 EPS was even stronger ...

2023-10-05 22:45:00 ET Summary S&P 500 earnings kick off with the big banks and financials starting to report next week, with Friday, October 13th, ’23 being the day 4 to 5 bigger financials report. 9 of the 11 sectors for the S&P 500 saw positive revisions to expec...