ETF Tracker StatSheet ————————————————————- https://theetfbully.com/2016/08/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-08112016/ ———————————————————— Market Commentary POOR ECONOMIC DATA EQUALS HIGHER STOCK PRICES [Chart courtesy of MarketWatch.com] 1. Moving the Markets If you have been listening to the Main Stream Media (MSM) reporting on the major indexes making one new lifetime high after another over the past month, you might feel like you have been left behind if …
Stocks Drop Before The New Year As Investors Secure 2014 Profits
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks pulled back from record highs today as both the S&P 500 and Dow closed lower. Utilities, which have been 2014’s best performing sector, led the decline with a drop of 2.1%. Perhaps investors are closing out a profitable year, given the fact that the Dow edged above 18,000 and the S&P …
Up, Up And Away Flies The S&P 500
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets continued to rally as the S&P recorded its 30th record high of the year and closed above the 2000 mark for the first time ever. Investors were encouraged Tuesday by more “tasty” corporate M&A news (i.e. Burger King) and a jump in consumer confidence and durable goods orders. Regarding Burger King …
Mixed Earnings—Index ETFs Are Going Nowhere Fast
[Chart courtesy of MarketWatch.com] U.S. index ETFs finished nearly unchanged, while the Nasdaq was able to post a modest gain as traders again appeared guarded ahead of tomorrow’s monetary policy decision from the Federal Reserve. A rebound in Japanese equities, along with some favorable global earnings reports, a more than five-year high in German consumer sentiment, and another solid gain …
Bulls Climb Higher In Full Throttle
[Chart courtesy of MarketWatch.com] Following a long holiday weekend, the U.S. Index ETFs rallied on Tuesday to push the stock market to record highs this year. After last week’s pullback, dipbuyers came back to life for the trading session in the wake of stronger-than-expected readings on housing prices and consumer sentiment. Stocks trimmed a considerable portion off their highs but …