ETF Tracker StatSheet https://theetfbully.com/2017/09/weekly-statsheet-etf-tracker-newsletter-updated-09072017/ A SLIPPERY WEEK [Chart courtesy of MarketWatch.com] Moving the Markets Last week’s upward momentum slowed, and the major indexes limped lower, although by a modest amount with the S&P 500 surrendering -0.65%. All eyes were on hurricane Irma, which threatens to make landfall in Florida sometime this weekend, and it is considered to be a “life-threatening …
ETF Tracker Newsletter For September 1, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/08/weekly-statsheet-etf-tracker-newsletter-updated-08312017/ PAYROLLS DISAPPOINT; MARKETS RALLY [Chart courtesy of MarketWatch.com] Moving the Markets The main problems of the past week, N. Korea and Harvey, got some company today when the jobs report turned out to be simply ugly with the BLS reporting that only 156k jobs were created in August compared to expectations of 180k. In addition, as …
ETF Tracker Newsletter For August 25, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/08/weekly-statsheet-etf-tracker-newsletter-updated-08242017/ SNAPPING A TWO-WEEK LOSING STREAK [Chart courtesy of MarketWatch.com] Moving the Markets Anticipation was high ahead of speeches by Yellen and Draghi, which was reflected in the early rally right after the markets opened. However, disappointment set in as neither one offered any clues about future monetary policy moves. Despite an ugly last hour dive in …
Stock Stumble Continues
[Chart courtesy of MarketWatch.com] Moving the Markets Even though the day started on the plus side for the major indexes, early upward momentum was not sustainable as miserable housing data, for the second day in a row, gave the bears something to cheer about. Uncertainty continued as the debt-ceiling-battle between Trump and McConnell showed no compromise and threw doubt on …
Rally Peters Out…
[Chart courtesy of MarketWatch.com] Moving the Markets After yesterday’s euphoric rally, reality set in and pulled the indexes off their lofty levels. To be clear, the pullback was relatively benign compared to the gains. Contributing to the uneasiness was President Trump’s threat to shut down the government should congress continue to stonewall his efforts to build a wall along the …
ETF Tracker Newsletter For August 18, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/08/weekly-statsheet-etf-tracker-newsletter-updated-08172017/ THE ROLLER COASTER RIDE CONTINUES [Chart courtesy of MarketWatch.com] Moving the Markets A mid-day rally, or was it a dead cat bounce, evaporated with the major indexes closing again below the unchanged line, although by only a slight margin. Volume was low, as it usually is during summer months which, when combined with nervous investors, leaves …