ETF Tracker StatSheet You can view the latest version here. SANTA CLAUS RALLY CONTINUES [Chart courtesy of MarketWatch.com] Moving the markets The markets continued their torrid pace into record territory, although momentum faded into the close today with the S&P 500 slipping just a tad but closing higher by +0.59% during this Holiday-shortened week. As ZH pointed out, it’s …
Crawling Higher
[Chart courtesy of MarketWatch.com] Moving the markets The Dow was the beneficiary of today’s news that Boeing’s CEO has “resigned” and was replaced by its current Chairman. This contributed at least 50 points to initial 100-point surge. The major indexes crept into new record territory also supported by news that China intends cut its tariffs for pork, pharmaceuticals and some …
ETF Tracker Newsletter For December 20, 2019
ETF Tracker StatSheet You can view the latest version here. SLOW AND STEADY [Chart courtesy of MarketWatch.com] Moving the markets The major indexes continued their upward trend, slow and steady, as we’ve seen all week, which is preferable over fast and furious moves followed by quick and sharp corrections. Today’s melt up was in part caused by quadruple …
Up, Up And Away…
[Chart courtesy of MarketWatch.com] Moving the markets The major indexes set new closing records, unimpressed by the ongoing impeachment saga, the result of which has been simply brushed aside. Market concerns are virtually non-existent, since the Republican-controlled Senate will be the final judge with expectations being that they will vote against having Trump removed from office. In other words, from …
Taking An Intra-Day Stroll In Record Territory
[Chart courtesy of MarketWatch.com] Moving the markets The markets started this Wednesday by inching higher with traders looking to keep a 5-day winning streak alive. Supporting this optimism was the firm belief that the preliminary US-China trade agreement was a done deal, despite some nervousness as to when it would be signed. However, the lack of news to the contrary, …
Drifting Higher
[Chart courtesy of MarketWatch.com] Moving the markets The major indexes opened to the upside, pulled back but managed to bounce around the remainder of the session and, in the end, eked out another green close, although a small one. The main supporting cast today included positive economic data with manufacturing rebounding and single-family building permits reaching a 12-year high. Job …