ETF Tracker StatSheet https://theetfbully.com/2018/09/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-09-20-2018/ SLIDING INTO THE WEEKEND [Chart courtesy of MarketWatch.com] Moving the markets A follow through rally ran into resistance today and slowly but surely petered out with S&P 500 and Nasdaq sliding into the red for the session, while the Dow managed to hang on to a modest gain, which was enough to set another record high. …
ETF Tracker Newsletter For September 14, 2018
TRADE WAR FEARS WIPE OUT EARLY GAINS [Chart courtesy of MarketWatch.com] Moving the markets An early rally ran into a brick wall, reversed with the major indexes heading south and below their respective unchanged lines. Causing this sudden change in sentiment was a report, released mid-day, indicating that Trump still intends to impose tariffs on China, despite recent words of …
ETF Tracker Newsletter For September 7, 2018
ETF Tracker StatSheet https://theetfbully.com/2018/09/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-09-06-2018/ MAJOR INDEXES LIMP LOWER FOR THE WEEK [Chart courtesy of MarketWatch.com] Moving the markets Even a decent jobs report showing that 201k jobs were added in August (vs. 200k expectations), along with a steady 3.9% unemployment rate, couldn’t stem the bearish tide. The major indexes lost for the week with Nasdaq faring the worst with -2.5%. …
ETF Tracker Newsletter For August 31, 2018
ETF Tracker StatSheet https://theetfbully.com/2018/08/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-08-30-2018/ A CHOPPY END TO A GOOD MONTH [Chart courtesy of MarketWatch.com] Moving the markets You could have pretty much counted on what happened today, namely that the major indexes vacillated aimlessly around their respective unchanged lines just to make it to the closing bell. While the Dow slipped a tad, the S&P 500 and Nasdaq ended …
ETF Tracker Newsletter For August 24, 2018
ETF Tracker StatSheet https://theetfbully.com/2018/08/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-08-23-2018/ TESTING RECORD HIGHS [Chart courtesy of MarketWatch.com] Moving the markets In the face of the worst durable goods order report in 6 months, indicating an accelerating US slowdown, the S&P and Nasdaq moved into record territory with the broad market showing a solid performance as well. Apparently, weak economic reports, including the ones on housing recently, …
ETF Tracker Newsletter For August 17, 2018
ETF Tracker StatSheet https://theetfbully.com/2018/08/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-08-16-2018/ TRADE TALK OPTIMISM CONTINUES [Chart courtesy of MarketWatch.com] Moving the markets While we were off to a slow start, market direction changed in a hurry on continued optimism over the upcoming trade talks with China pushing the major indexes in the green for the second straight day. The Nasdaq lagged while the Dow closed at its …