DIA News and Press, SPDR Dow Jones Industrial Average From 07/03/24

2024-07-03 08:01:51 ET Summary Transition from Capitalist economics to Debt Monetarism is a stepping stone to the emerging system of Intelligence Economics. Intelligence Economics involves turning data into actionable information, with the integration of Human and Technological In...

2024-07-02 07:05:00 ET Summary As H2 2024 gets underway, the market remains in bull mode, with offensive sectors and assets outperforming defensive ones. Year-to-date, the United States Oil Fund (USO) actually delivered the best performance of the ETFs tracked: +19.4%. Riskier...

2024-07-01 08:59:49 ET Oppenheimer Asset Management indicated on Monday morning that it remains positive on equities as Wall Street heads into the second half of 2024 and suggests that the Federal Reserve may be able to avoid a hard landing.... Read the full article on Seeking Alpha ...

2024-07-01 06:00:00 ET Summary Leveraged ETFs often underperform their underlying index, mostly due to beta-slippage. Monthly and yearly drift watchlist shows varying levels of drift in leveraged ETFs, with some experiencing decay and others positive drift. UDOW historical dat...

2024-07-01 03:13:05 ET Summary The Invesco QQQ Trust ETF has experienced a sharp +40% price jump since October, lacking material fundamental reasons for the advance. The Big Tech market rally seems to be based on hopes for future AI efficiency gains, not dramatic business growth o...

2024-06-30 09:00:39 ET Summary US stock market breadth has been terrible. The extreme internal divergences are breaking historical records. Poor market currently constitutes a price signal of underlying fundamental imbalances that have been accumulating in the US economy. Poor...

2024-06-30 08:30:00 ET Summary Nvidia stock led the Magnificent Seven, delivering over 150% in total return YTD. Most of the Mag Seven outperformed the S&P 500 in the first half. Generative AI is also expected to strengthen the competitiveness of the biggest tech companies...

2024-06-29 09:00:00 ET More on the markets S&P 500's stellar H1 sputters in the homestretch amid concerns over breadth, valuation Catalyst Watch: Tesla deliveries, Constellation Brands earnings, and the June Jobs Report The PCE Report Suggests Three Rate Cuts Sta...

2024-06-29 08:15:00 ET Summary Economic data suggests a recession may be looming, with signs of weakening in the labor market and consumer spending. Investing based on politics is not recommended, as market reactions to political events can be unpredictable and counterintuitive. ...

2024-06-28 16:00:01 ET Summary Stocks had solid gains in the first half of the year, with the S&P 500 rising 4% and the Nasdaq 100 ETF up 7%. Tech sectors outperformed in June, with XLK leading the way, while utilities, materials, and energy were notably weak. Earnings out...