Market Analysis & ETF Insights
Weekly perspectives from the ETF Metrics desk — macro trends, sector analysis, and data-driven commentary.
A Great Week, Right Until Bonds Got Loud
The S&P hit fresh records mid-week, NVIDIA touched all-time highs, and then Friday happened: the 30-year Treasury crossed 5.1%, Trump's China trip ended without a chip deal, and NVDA fell 4.4%. Berkshire meanwhile made a quiet $2.6 billion bet on Delta Airlines — in a world where jet fuel just crossed $100 a barrel. NVDA earnings Wednesday could change the conversation, or confirm that rates are now the adult in the room.
Read article →NVDA's at an All-Time High. So Is Consumer Pessimism.
NVIDIA hit a new all-time high Friday, AMD is up 112% this year, and the Nasdaq just posted its best six-week streak since 2009. In the same week, consumer sentiment fell to a fresh record low, gas crossed $4.50, and Michael Burry started drawing dot-com parallels. A week of real contradictions.
Read article →The Mag 7 All Clocked In. April Was the Easy Part.
The S&P 500 wrapped April up 10.4% — its best month since 2020 — after every Mag 7 company reported earnings this week and mostly delivered. But the economic picture underneath got messier: the Fed's preferred inflation gauge hit a 3-year high, three Federal Reserve presidents voted against their own chairman's post-meeting statement, and the word 'hike' is suddenly back in central bank conversations. Apple, Alphabet, Meta, Amazon, Microsoft — they all showed up. What May does with that is a different question.
Read article →Intel's Best Day in Years, Cable's Worst. And That's Just the Warmup.
Intel surged 24% Friday in one of the best single-day performances for a mega-cap in years — while Charter Communications collapsed 25% on the same session. Both moves capture the strange split in this market right now. Meanwhile, the biggest earnings week of 2026 starts Monday, with Meta, Microsoft, Alphabet, and Amazon all due to report.
Read article →Eighteen Trading Days From Worst Quarter to All-Time Highs. This Rally Is Real — But It's Running Hot.
The S&P 500 crossed 7,100 for the first time, the Nasdaq posted its longest winning streak since 1992, and the Russell 2000 hit all-time highs — three weeks after U.S. stocks recorded their worst quarter in four years. Banks validated the recovery, oil is crashing, and small caps are broadening the rally. But a shoe company just became an AI stock, and the Hormuz reopening has fine print.
Read article →Best Week of the Year. Record Fear. Both Can Be True.
The S&P 500 strung seven winning sessions together on ceasefire optimism — yet consumers just recorded their most pessimistic reading in the 74-year history of the University of Michigan survey. We unpack the contradiction, explore why chips and software stocks are suddenly living in completely different realities, and look at what bank earnings starting Monday will actually tell us.
Read article →Nine Losers, Then a Break — And Why One Stock Looks Like a Bargain While Its Famous Peer Does Not
Wall Street snapped a brutal five-week losing streak. A bizarre stat about nine consecutive S&P 500 down Thursdays ties 2026 to October 1998 — and what came after that is worth knowing. Meanwhile, Nvidia and Tesla are telling two completely different stories about what "AI company" actually means right now.
Read article →March Is Over. It Was Brutal. Here's Why Long-Term Investors Might Want to Pay Attention.
Q1 2026 just closed as the worst quarter for U.S. stocks since 2022. But the Fear & Greed index at 9, put/call ratios near their 92nd historical percentile, and Nvidia's forward P/E hitting 20x are the kinds of signals that long-term investors have historically found meaningful. A full month-end review with our honest take on where we go from here.
Read article →Five Weeks in the Red: Is the Tech Valuation Reset Finally Creating a Buy — or Just More Pain?
The S&P 500 just closed its fifth straight losing week, the Dow entered correction territory, and Microsoft broke a 13-year chart level. We look back at the full week and ask the question every investor is sitting with right now: is MAGS finally getting cheap?
Read article →The Oil Shock No One Saw Coming — And Why Your ETF Portfolio Is Telling Two Very Different Stories
While equity bulls are nursing losses as the Iran conflict sends Brent crude past $110, the metrics embedded in energy ETFs are flashing a counter-narrative the broader market is ignoring.
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