[Chart courtesy of MarketWatch.com] Moving the Markets The major indexes, as well as equities in general, struggled through the session looking for some footing to use as a launching pad for the usual mid-day rebound. It worked for a while, as the unchanged line was conquered but upward momentum faded, and we closed in the red, although only fractionally. Earnings …
More All-Time Highs
[Chart courtesy of MarketWatch.com] Moving the Markets Despite the Fed’s minutes from its September meeting, including words of caution among policy makers in regards to the next interest rate hike, market odds spiked that the widely expected December hike would materialize. Further notes indicated that it might take longer than anticipated to get inflation back to the Fed’s 2% target, …
Dow Registers Another Record Finish; FOMC Minutes And Earnings Season On Deck
[Chart courtesy of MarketWatch.com] Moving the Markets And the beat goes on. The major indexes shot up right after the opening bell, retreated during mid-day and rallied into the close but with only the Dow managing to squeeze out another record; its 47th for 2017. A big assist came from Walmart (WMT), which gained +4.43% on the day and produced …
Drifting Below The Unchanged Line
[Chart courtesy of MarketWatch.com] Moving the Markets With bond markets closed today, equities lacked direction and meandered below the unchanged line with downward momentum accelerating late in the session. However, in the end, the losses for the major indexes were relatively minor. The biggest losers were retailers, financials and healthcare, the latter of which suffered from weekend reports that Trump …
ETFs On The Cutline – Updated Through 10/06/2017
Below please find the latest High Volume ETFs Cutline report, which shows how far above or below their respective long-term trend lines (39 week SMA) my currently tracked ETFs are positioned. This report covers the HV ETF Master List from Thursday’s StatSheet and includes 366 High Volume ETFs ETFs, defined as those with an average daily volume of more than …
ETF Tracker Newsletter For October 6, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/10/weekly-statsheet-etf-tracker-newsletter-updated-10052017/ FINALLY BREAKING THE STREAK OF RECORDS [Chart courtesy of MarketWatch.com] Moving the Markets It had to happen eventually. Any string of records will come to an end, and the major market indexes are no exception. It was a mixed bag though with Transportations experiencing its first down week in seven while the Dow notched its fourth …