ETF Tracker StatSheet You can view the latest version here. REBOUNDING INTO THE WEEKEND [Chart courtesy of MarketWatch.com] Moving the markets After yesterday’s lackluster session to nowhere, the markets found some upside momentum, with the ensuing relief rally reducing some of the losses sustained on Wednesday. Trying to calm matters was St. Louis Fed President Bullard’s remarks that inter-meeting …
ETF Tracker Newsletter For August 9, 2019
ETF Tracker StatSheet You can view the latest version here. DIVING INTO THE WEEKEND—AND RECOVERING [Chart courtesy of MarketWatch.com] Moving the markets It ended up being a mixed Friday, as the major indexes did an early swan dive but, despite recovering some of the losses, they still closed in the red. It was a wild week, which could have …
ETF Tracker Newsletter For August 2, 2019
ETF Tracker StatSheet You can view the latest version here. STARTING AUGUST IN A SEA OF RED [Chart courtesy of MarketWatch.com] Moving the markets Equities spent most of their day surrounded by a sea of red, thanks in part to further fallout from the Fed cutting rates by “only” 0.25%. The bigger impact, however, came from the follow through …
ETF Tracker Newsletter For July 26, 2019
ETF Tracker StatSheet You can view the latest version here. GDP SLOWS BUT BEATS EXPECTATIONS [Chart courtesy of MarketWatch.com] Moving the markets All eyes were on the latest release of the second quarter GDP report, and it did not disappoint. While we saw a slowdown from the torrid pace of 3.1% per annum set in the first quarter, the …
ETF Tracker Newsletter For July 19, 2019
ETF Tracker StatSheet You can view the latest version here. WALKING BACK THE TALK [Chart courtesy of MarketWatch.com] Moving the markets Yesterday’s extremely dovish words by the Fed’s mouthpiece Williams seem to have struck some raw nerves, as the Fed tried to walk back the “communications debacle.” It was like putting the toothpaste back in the tube, as William’s …
ETF Tracker Newsletter For July 12, 2019
ETF Tracker StatSheet You can view the latest version here. BANKING ON A FED RATE CUT [Chart courtesy of MarketWatch.com] Moving the markets Yesterday’s rally continued this morning and accelerated throughout the session, as traders were now convinced that a rate cut by the Fed is a sure thing, so front running was the name of the game. Since …