Category Archive

ETF Tracker StatSheet           You can view the latest version here. MARKETS IGNORE MOUNTAINS OF BAD NEWS [Chart courtesy of MarketWatch.com] Moving the markets The creation of rumors is one of the oldest tricks in the financial playbook to send markets in a desired direction. Such was the case last night in the futures markets, when original reports that the …

ETF Tracker StatSheet           You can view the latest version here. Jobless Claims Surge To 17 Million—Markets Rally [Chart courtesy of MarketWatch.com] Moving the markets The shocking yet not surprising number of the day was the fact that now almost 17 million people have filed initial jobless claims—in the past 3 weeks, which implies an unemployment rate of around 13% …

ETF Tracker StatSheet           You can view the latest version here. A GLOOMY JOBS REPORT PENALIZES EQUITIES [Chart courtesy of MarketWatch.com] Moving the markets It could have been a lot worse with equities churning lower today, but thanks to Monday’s surge, the weekly effect was relatively minor with the S&P 500 “only” surrendering a modest -2%, which is tiny when …

ETF Tracker StatSheet           You can view the latest version here. ENDING THE WEEK ON A SOUR NOTE [Chart courtesy of MarketWatch.com] Moving the markets After trying to dig themselves out of an early hole, the major indexes dove into the close and just about touched the lows of the day again, caused by the Fed’s announcement that it will …

ETF Tracker StatSheet           You can view the latest version here. CRASHING INTO THE WEEKEND [Chart courtesy of MarketWatch.com] Moving the markets Despite an early bounce along the green side of the unchanged line, reality set in, supported by the always unpredictable quad options expirations day, sending the markets reeling—again. The major indexes were hammered, with the S&P 500 getting …

ETF Tracker StatSheet           You can view the latest version here. ENDING A BRUTAL WEAK WITH A RELIEF RALLY [Chart courtesy of MarketWatch.com] Moving the markets The markets finally managed to keep a rebound rally going after yesterday’s collapse. As I posted, during bear markets, you can witness violent upswings, but they don’t mean the bearish trend is over. Today, …