ETF Tracker StatSheet You can view the latest version here. S&P 500 NOTCHES A 4TH STRAIGHT WINNING MONTH [Chart courtesy of MarketWatch.com] Moving the markets As we’ve seen before, an early bounce hit the skids mid-day and accelerated towards the end, however, the major indexes managed to eke out a green close with the S&P 500 scoring its 4th …
ETF Tracker Newsletter For May 21, 2021
ETF Tracker StatSheet You can view the latest version here. STRUGGLING TO MAINTAIN ALTITUDE [Chart courtesy of MarketWatch.com] Moving the markets Despite some analysts’ expectations for a sharp increase in volatility due to options expirations today, where anything is possible, this session turned out to be better than expected. The major indexes opened higher but slowly lost their upside …
ETF Tracker Newsletter For May 7, 2021
ETF Tracker StatSheet You can view the latest version here. WHEN BAD NEWS IS GOOD NEWS [Chart courtesy of MarketWatch.com] Moving the markets The much-anticipated jobs numbers turned into a huge disappointment and were downright shocking when the BLS revealed that only 266k jobs were added vs. expectations of 1 million. Worse yet was the fact that, when looking …
ETF Tracker Newsletter For April 30, 2021
ETF Tracker StatSheet You can view the latest version here. EQUITIES SLUMP ON LAST DAY OF APRIL [Chart courtesy of MarketWatch.com] Moving the markets The futures markets already indicated a weak opening with traders deciding, despite good economic data and some blockbuster earnings (Amazon) but also some disappointments (Twitter), to cash in some of their chips. As a result, …
Treading Water
[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
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 …