Treading Water

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[Chart courtesy of MarketWatch.com] Moving the markets After having closed at record levels yesterday, the S&P 500 and Nasdaq traded aimlessly around their respective unchanged lines, with the Dow treading water as well. The Nasdaq has now finalized a rebound from its 11% correction, which began in February. Tesla shares retreated some 3% despite the company posting a record net …

ETF Tracker Newsletter For April 23, 2021

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ETF Tracker StatSheet           You can view the latest version here. RECOVERING AND RALLYING INTO THE WEEKEND [Chart courtesy of MarketWatch.com] Moving the markets The futures recovered from Thursday’s “capital gains sell-off,” the mood of which carried over into the regular session, with the S&P 500 adding over 1% and thereby ending the week just about unchanged (-0.1%). The Nasdaq …

ETF Tracker Newsletter For April 16, 2021

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ETF Tracker StatSheet           You can view the latest version here. CLOSING A WINNING WEEK ON A POSITIVE NOTE [Chart courtesy of MarketWatch.com] Moving the markets New records were set again today, as the Dow and S&P 500 continued their ascent to ever new highs. Strong earnings from blue chip companies gave the assist, as well as data signaling that …

ETF Tracker Newsletter For April 9, 2021

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ETF Tracker StatSheet           You can view the latest version here. LEAPING INTO THE CLOSE [Chart courtesy of MarketWatch.com] Moving the markets A last hour ramp pulled the major indexes out their sideways pattern and pushed them into a solid green close. For a change, the Dow led the pack by scoring another record high with the Nasdaq only in …

ETF Tracker Newsletter For March 26, 2021

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ETF Tracker StatSheet           You can view the latest version here. THUNDERING INTO THE CLOSE [Chart courtesy of MarketWatch.com] Moving the markets After meandering sideways for most of the session, the major indexes picked up steam during the last hour and ended a rollercoaster week solidly in the green. The Dow recaptured its 33k level, the Nasdaq jumped back above …

ETF Tracker Newsletter For March 19, 2021

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ETF Tracker StatSheet           You can view the latest version here. [Chart courtesy of MarketWatch.com] Moving the markets Though the quad withing hour increased today’s volatility, it was what the Fed did not do that added to with the banking sector’s sell-off mode after two days of gains. The Fed decided not to extend “a pandemic-era capital break” for banks, …