[Chart courtesy of MarketWatch.com] Moving the markets It was a mixed bag on the earnings front, as the latest reports can be best described as “so so,” which sent the major indexes initially higher but disappointment pulled the markets back below the unchanged line, with the exception of the S&P 500, which ended higher by a tiny fraction. As I …
ETF Tracker Newsletter For April 20, 2018
ETF Tracker StatSheet https://theetfbully.com/2018/04/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-04-19-2018/ HOBBLING INTO THE WEEKEND [Chart courtesy of MarketWatch.com] Moving the markets It was tough week with the major indexes struggling to not give back their gains made in the first 3 trading sessions. Even though we dumped into the weekend, stocks ended up in the green by a fraction of a percent. All good things …
Tech Sector Pulls Down Stocks
[Chart courtesy of MarketWatch.com] Moving the markets The 3-day really came to an end today with the major indexes pulling back but rallying off their session lows to limit damage. The late day rebound was the result of an announcement that Trump was told by Rosenstein that he was not the target of the Mueller investigation. That lifted the …
Hanging On To The Unchanged Line
[Chart courtesy of MarketWatch.com] Moving the markets The Dow was the weakling of the day as IBM got spanked at the tune of -7.53%, which equaled a loss of 84 points on the Dow. We had a positive opening, followed by a dump and pump and a soft slide into the close with 2 out the three major indexes managing …
Markets Pop On Earnings Cheers
[Chart courtesy of MarketWatch.com] Moving the markets After yesterday’s solid gains, equities followed through with another session marked by bullish sentiment, as the major indexes piled on gains for the second straight day. The S&P 500 conquered its 50-day M/A to the upside and closed at a level last seen on March 19. The rally was broad with all 11 …
Markets Gain Broadly As Geopolitical Tensions Wane
[Chart courtesy of MarketWatch.com] Moving the markets By the time the opening bell rang this morning, the lobbing of a bunch of missiles into useless Syrian targets on Friday had been long forgotten with the focus now having shifted to the upcoming earnings season. Everything appeared to be positive for the market with the S&P 500 honing in on its …