[Chart courtesy of MarketWatch.com] Moving the markets Yesterday’s market dump turned into today’s market pump with the major indexes recovering as a tech led rally pushed the Nasdaq to a record close. What changed from yesterday? Not much, other than that sentiment took a turn for the better following news reports that the US and China are working to ease …
Trade War Disputes Return With A Vengeance
[Chart courtesy of MarketWatch.com] Moving the markets The 4-day winning streak for US equities came to a sudden halt this morning with the major indexes taking a steep dive, as trade-war jitters returned to front-and-center with Trump announcing new tariffs on Chinese goods. After days of calm, which allowed the stock markets to make a nice run, reality set in …
Continuing The Bullish Theme
[Chart courtesy of MarketWatch.com] Moving the markets The bullish mood continued with the Dow and the S&P 500 making solid gains, while the Nasdaq lagged and barely stayed above the unchanged line. The Dow had its best win streak in the past 30 days, while the S&P 500 was homing in on a new 5-month high. However, when looking at …
Bulls In Charge
[Chart courtesy of MarketWatch.com] Moving the markets The bulls were clearly in charge with the major indexes jumping right after the opening bell and remaining solidly above the unchanged line. The Dow shook off some of its recent weakness by scoring a triple digit gain and notching a third straight winning session, which put it back to slightly positive (+0.2%) …
ETF Tracker Newsletter For July 6, 2018
ETF Tracker StatSheet https://theetfbully.com/2018/07/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-07-05-2018/ ENDING THE WEEK WITH SOLID GAINS [Chart courtesy of MarketWatch.com] Moving the markets Despite this being a Holiday shortened week, the major indexes managed to eke out some solid gains supported by a better than expected jobs report, as the economy created 213k new jobs in June. That was better than the hoped for 200k number. …
Markets Pump In The Face Of A Hawkish Fed
[Chart courtesy of MarketWatch.com] Moving the markets The major indexes whipsawed throughout the session, however, all action happened above the unchanged line with the tech sector having its best session in over a month. Helping the positive mood were reports indicating an easing of trade tensions with especially Germany’s car sector enjoying a nice rebound after one newspaper published an …