[Chart courtesy of MarketWatch.com] Moving the markets Thanks to Boeing, which added more than 60 points to the Dow, the index set another record while the S&P 500 and Nasdaq gained for the 6th straight day. There was no particular driver for the advance other than continued market optimism. In our ETF space, winners outpaced losers by a small margin. …
A Big Day For The Bulls
[Chart courtesy of MarketWatch.com] Moving the markets This is the time of the year when market historians come out and use the first five trading days of the year to compare it to the past and then project the results out for the remainder of 2018. Today was no different, and these are the results as translated by ZH: Thanks …
Records Are Made To Be Broken
[Chart courtesy of MarketWatch.com] Moving the markets The move into record territory continued for the third straight day with the Dow climbing above its psychologically important 25k marker for the first time in history. Upward momentum remained strong throughout the session and into the close. Helping matters was the weakening of the VIX, which made history itself by trading with …
Records Continue To Fall
[Chart courtesy of MarketWatch.com] Moving the markets Today, all three major indexes moved in sync by pushing further into uncharted territory and closing at new all-time highs. It was a repeat of yesterday, as we headed straight north right after the opening bell and never looked back with additional momentum gathering strength in the last hour of the session. The …
Storming Into 2018 And Setting New Records
[Chart courtesy of MarketWatch.com] Moving the markets The weak performance of the last day of 2017 is now forgotten, and in the rear view mirror, as the major indexes stormed out of the starting blocks and never looked back. It was the S&P’s and Nasdaq’s turn to set new records while the Dow lagged for the time being. The energy, …
Last Hour Burst Assures A Green Close
[Chart courtesy of MarketWatch.com] Moving the markets After much range trading for most of the day, the major indexes shot up during the last hour to not just only close in the green but to also push the Dow to its 71st record close for the year. The supporting actors turned out to be banking shares and to a lesser …