ETF Tracker StatSheet You can view the latest version here. FLAT FOR THE DAY BUT HIGHER FOR THE WEEK [Chart courtesy of MarketWatch.com] Moving the markets It was a good news bad news scenario as the latter, namely a disappointing jobs report faced the former, that is optimism about the short-term debt ceiling bill, which has pushed the ultimate …
Market Ping Pong Continues
[Chart courtesy of MarketWatch.com] Moving the markets During the early part of today’s session, the market ping-pong continued, when the major indexes took a steep dive with the Dow down some 400 points and on pace to again wipe out the previous day’s gains. However, a slow but steady rebound ensued with equities digging themselves out of a deep hole …
Bulls Fight Back To Stay In The Game
[Chart courtesy of MarketWatch.com] Moving the markets We have now witnessed a continued roller coaster with no clear direction but huge daily swings in equities. Over the past 4 trading days, we noted this pattern: down, up, down, up with today’s rally bringing the S&P 500 just about back to last Wednesday’s price. In other words, not much was gained …
Cooling Off—Tech Gets Battered
[Chart courtesy of MarketWatch.com] Moving the markets After Friday’s levitation to start the month of October on a positive note, much of that enthusiasm waned, as the mood soured thereby pushing the major indexes into the red. The Dow fared the best and the Nasdaq the worst, because of higher interest rates exacting another pound of flesh from this sector. …
ETF Tracker Newsletter For October 1, 2021
ETF Tracker StatSheet You can view the latest version here. STORMING INTO OCTOBER [Chart courtesy of MarketWatch.com] Moving the markets After a swan dive onto the last trading day of September, a month during which the S&P 500 surrendered almost 5%, October started with a bang, after some initial choppiness was overcome. The major indexes found upward momentum and …
Chopping, Flopping, And Dropping
[Chart courtesy of MarketWatch.com] Moving the markets The bulls and bears were engaged in a tug-of-war session with the former seemingly storming ahead only to be pulled back down to reality by the latter. Gains came and went and, when the closing bell rang, only the Dow & S&P 500 were able to barely stay above their respective unchanged lines. …