[Chart courtesy of MarketWatch.com] Moving the markets Another crazy day on Wall Street had equities swinging wildly, although with reduced magnitude. In the end, the major indexes crawled back but failed to reach their respective unchanged lines. Every directional turn appears to be headline driven, as the bulls and bears continue to slug it out. Failed peace talks between Russia …
Equities Thrive—Oil And Commodities Dive
[Chart courtesy of MarketWatch.com] Moving the markets It had to happen eventually, and today was the day. After 4 days of taking a beating, equities finally found a reason to rally, as questionable as it may turn out to be. One analyst linked it to the adage “buy the rumor, sell the fact,” but in this case it turned into …
Another Wild Ride On A Bucking Bronco
[Chart courtesy of MarketWatch.com] Moving the markets Sometimes you just simply must step back and watch in awe how current markets trade like a penny stock when it comes to volatility. Yesterday, equities were simply spanked all day, which continued this morning as the Dow sank some 200 points and bounced around below its unchanged line. A sudden burst of …
Bubble Meets Trouble
[Chart courtesy of MarketWatch.com] Moving the markets I noted my surprise on Friday that equities had not been more negatively affected by the geopolitical events, but that notion seemed to have changed today. One look at the S&P 500 chart above tells the story that the bears ruled supreme and, at least for the time being, won the tug-of-war against …
ETF Tracker Newsletter For March 4, 2022
ETF Tracker StatSheet You can view the latest version here. FADING INTO THE WEEKEND [Chart courtesy of MarketWatch.com] Moving the markets Even a better-than-expected jobs report (678k gained vs. expectations of 423k) was not enough to compete with the negative overhang of the geopolitical environment, as the Russia-Ukraine skirmish continued unabated, despite encouraging attempts on both sides to schedule …
Popping And Dropping
[Chart courtesy of MarketWatch.com] Moving the markets Chopping around their respective unchanged lines appeared to be the mantra for the major indexes, after an early pop ran out of steam and gave way to weakness, as bullish sentiment fell by the wayside. The Nasdaq fared the worst with a 1.56% loss, though the Dow and S&P 500 retreated only moderately. …