[Chart courtesy of MarketWatch.com] Moving the markets The tug-of-war continued today as talk, that a strike on Syria may not be immediately in the cards, de-escalated tensions and giving a bullish assist to equities. The 3 major indexes scored solid gains after yesterday’s losses. Six out of the eleven primary S&P sectors gained led by Financials (XLF +1.75%) with Semiconductors …
Geopolitical Tensions Push Markets Lower
[Chart courtesy of MarketWatch.com] Moving the markets At least for one day, the U.S./China trade war battles were moved to the back burner, as geopolitical tensions dominated headline news, after tweets from President Trump that a military strike in Syria might be a possibility. That immediately ratcheted up verbal tensions with Russia, and the markets ended up being the fall …
Soothing Trade-War Fears Propel Equities
[Chart courtesy of MarketWatch.com] Moving the markets Unlike yesterday, when an early rally petered out, today’s sharply higher opening turned out to be the real thing, as equities maintained their upward momentum throughout the session and into the close, thereby scoring some solid gains across the board. Giving the assist were Chinese President Xi Jinping’s suggestions to adopt a less-aggressive …
A Giant Bullish Illusion
[Chart courtesy of MarketWatch.com] Moving the markets And it all looked so promising for the bulls this morning. The major indexes were broadly higher right after the opening bell when, about mid-day, things started to fall apart, and we were lucky to score any gains at all—thanks to the closing bell. Driving the market early on were comments from Trump …
ETF Tracker Newsletter For April 6, 2018
ETF Tracker StatSheet https://theetfbully.com/2018/04/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-04-05-2018/ ANOTHER TARIFF TANTRUM [Chart courtesy of MarketWatch.com] Moving the markets A variety of factors combined to deliver another market knockout punch. Things looked dicey from the opening bell when the jobs report disappointed by delivering on 103k new jobs in March vs. an expected 170k. That was the good news. The bad news continued in the …
Easing Trade Tensions Equal Higher Markets
[Chart courtesy of MarketWatch.com] Moving the markets What a difference a day makes! As much as yesterday’s trade-war fears were the culprit contributing to the early market dump, today’s easing of those fears helped spark an early rally that continued the rebound and led to the Dow’s first 3-day win streak in a month. While the early rally ran out …