^{Happy Thursday, August 22nd, 2024} 

Data reflects end-of-day ETF market data for Wednesday, August 21st, 2024

Briefer on Yesterdays market

The big news yesterday morning broke after a 30-minute delay from the BLS… That's how you know it’s bad. The news came in the form of employment data revision, downward revisions… 818K of them. Payroll revisions show the US economy created 818,000 fewer jobs than reported for the year ending in March 2024. This is the largest revision by the BLS since 2009. This news sounds very bad, which it is, but it still shows that the U.S. economy added about 2.1 million jobs last year, which is growth.

Revisions are normal, which isn’t great, but that’s how government agencies function. It took until 2018 to finalize 2008 GDP numbers… Yikes.

Currently, SPY is nearing another all-time high, while its lighter-weight counterpart, the S&P 500 Ex Mag 7 is making new highs! This shows a healthy broadening in the market, which could mean a possible rotation, nonetheless, it’s a good sign.

New ETF Trading Tool: alphaAI

Check out this ETF Trading product that has my attention, It’s called alphaAi, think of this as your risk-adjusted robo advisor. Its job is to capture high upside using machine learning algorithmic trading strategies while protecting the downside. The best part is alphaAI automatically rebalances to reduce risk, and auto-invests uninvested cash into the highest-yielding money markets.

Currently, alphaAI is in beta, but if you want early access click the link below!

ETF (>$1B) Market Advancers / Decliners:

📈 Best Performing ETFs, last trading period:

📉 Worst Performing ETFs, last trading period:

Top Leveraged ETF Performers, last trading period:

Top and bottom ETFs of the week

💪 Best performance, rolling 1-week returns:

💀 Worst performance, rolling 1-week returns:

➡️ Most inflows, rolling 1 week flow data:

⬅️ Most Outflows, rolling 1 week flow data:

Latest ETF Launches:

• QHDG : Innovator Hedged Nasdaq-100 ETF

  Launched 8/20/2024

• TOAK : Twin Oak Short Horizon Absolute Return ETF

  Launched 8/19/2024

• QQQG : Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF

  Launched 8/19/2024

• YQQQ : YieldMax Short N100 Option Income Strategy ETF

  Launched 8/14/2024

• MSTX : Defiance Daily Target 1.75X Long MSTR ETF

  Launched 8/14/2024

• TSPY : TappAlpha SPY Growth & Daily Income ETF

  Launched 8/14/2024

What I am reading today: