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[Chart courtesy of MarketWatch.com] Moving the markets A roller-coaster month saw the S&P 500 dip into bear market territory (-20% from its recent high), before last week’s rebound rally pulled the index out of the doldrums. But that move ended today, with the major indexes simply running out of steam at the end of the session. Inflation, monetary tightening and …

ETF Tracker StatSheet           You can view the latest version here. DOW BREAKS OUT OF 8-WEEK SLUMP [Chart courtesy of MarketWatch.com] Moving the markets The major indexes continued their rebound out of oversold territory for the second session and managed to combine two bullish days to finally break the Dow’s eight-week slump, while the S&P 500 and Nasdaq each conquered …

[Chart courtesy of MarketWatch.com] Moving the markets Nothing mattered today other the release of the Fed minutes. There were no surprises with the policy meeting notes showing that the Central Bank is prepared to raise rates further than anticipated. This should have been reason enough for a sell off, but that did not happen. A deeper analysis of the minutes …

[Chart courtesy of MarketWatch.com] Moving the markets One look at the above chart tells the story of the day. With the Dow down over 450 points early in the session, a rebound attempt showed some promise, but it was only the Dow, which ended up at the unchanged line. Even though the S&P 500 greatly reduced its early losses, the …

[Chart courtesy of MarketWatch.com] Moving the markets Finally, the markets were able to build on early gains, with the bulls at last managing to score a winning session. As I posted Friday, I suspected as much due to balanced mutual funds having to go through their monthly rebalancing efforts this week. This move pulled the S&P 500 out of Friday’s …