ETF Tracker StatSheet https://theetfbully.com/?p=18545&preview=true Extending The Winning Streak [Chart courtesy of MarketWatch.com] Moving the Markets Despite the major indexes hovering in negative territory for most of the day, in this new normal market environment, they are not allowed to close two days in a row in the red. As a result, as if by magic, stocks were pushed up during …
ETF Tracker Newsletter For February 10, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/02/weekly-statsheet-etf-tracker-newsletter-updated-02092017/ Trump’s Tax Talk Boosts Markets [Chart courtesy of MarketWatch.com] Moving the Markets Yesterday’s theme of renewed optimism caused by Trump’s tax talk continued through today’s session with the major indexes rising to all-time closing highs, although the gains were less than the day before. The only fly in the ointment was that volumes have decreasing as …
ETF Tracker Newsletter For February 3, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/02/weekly-statsheet-etf-tracker-newsletter-updated-02022017/ When Bad News Is Good News [Chart courtesy of MarketWatch.com] Moving the Markets Equities started the day solidly above the unchanged line and went up from there breaking out of its narrow sideways pattern, but the gains for the week were slim with the S&P 500 adding only a meager 2 points. The widely anticipated non-farm …
ETF Tracker Newsletter For January 13, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/01/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-01122017/ Banks Pumped And Dumped [Chart courtesy of MarketWatch.com] Moving the Markets Facebook’s 1.36% gain, the result of a stock upgrade by Raymond James, helped push the Nasdaq into record territory; the Dow faded below the unchanged line, and the S&P 500 managed to inch +0.18% higher for the day but gave back -0.1% for the week. …
ETF Tracker Newsletter For January 6, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/01/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-01052017/ Market Commentary Dow 19,963.80 [Chart courtesy of MarketWatch.com] Moving the Markets The assault at the Dow 20k marker continued but fell short once again. Given that we are in a manipulated market environment, I am pretty sure that we will conquer that milestone prior to the change in administrations on January 20th. After that, it’s anybody’s …
ETF Tracker Newsletter For December 30, 2016
ETF Tracker StatSheet https://theetfbully.com/2016/12/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-12292016/ Market Commentary Year End Resistance [Chart courtesy of MarketWatch.com] Moving the Markets For sure, I thought there would have been a last minute attempt at reaching the much talked about 20k Dow level during this last trading week of 2016, but it did not happen. Actually, the post election momentum reversed with the S&P 500 declining …