[Chart courtesy of MarketWatch.com] Moving the Markets Earnings were in the spotlight and threw an assist to the Nasdaq pushing it into record territory, while the Dow and S&P 500 drifted and barely closed above the unchanged line. Despite the gains by companies like Comcast, PayPal and Intuit, the market had to deal with a menu of uncertainties (hat tip …
Diving Into The Close
[Chart courtesy of MarketWatch.com] Moving the Markets The old adage “buy the rumor and sell the fact” certainly rang true today as the upward momentum of the past couple of days continued early in the session in anticipation of Trump’s mother of all tax cuts. While the actual announcement confirmed some leaked information, some analysts considered the tax plan a …
Earnings And Tax Cut Hopes Drive Markets
[Chart courtesy of MarketWatch.com] Moving the Markets Caterpillar and McDonalds combined to continue yesterday’s rally with Trump’s planned tax cut announcement, scheduled for tomorrow, providing the emotional fire power. The Nasdaq managed to conquer the 6,000 level and closed solidly above it in part due to gains by heavyweights Apple and Microsoft. So far, overall profits of S&P companies are …
Relief And Hope Combine To Power Equities
[Chart courtesy of MarketWatch.com] Moving the Markets The 1st round of the French election results provided relief and hope that the current leading candidate of left wing persuasion (Emmanuel Macron) will be the one winning the final election in a couple of weeks by defeating the right-wing anti-euro and anti-establishment Marine Le Pen in a run-off. While Macron’s lead is …
ETFs On The Cutline – Updated Through 04/21/2017
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 April 21, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/04/weekly-statsheet-etf-tracker-newsletter-updated-04202017/ EQUITIES UP FOR THE WEEK BUT SLIPPING BEFORE THE FRENCH ELECTIONS [Chart courtesy of MarketWatch.com] Moving the Markets Cautiousness prevailed prior to the closely contested 1st round of the French elections this weekend with equities pulling back but showing green numbers for the week as the S&P 500 gained +0.86%. ZH summed the past 5 trading …