[Chart courtesy of MarketWatch.com] Moving the markets It was another wild ride in the markets, as the indexes spent most of the session sharply vacillating around the unchanged line. Volatility picked up and price action was so violent during times that it was almost impossible to get a read on an ETF price for more than a fraction of a …
Uncertainty Reigns Ahead Of Jobs Report
[Chart courtesy of MarketWatch.com] Moving the markets It was another roller coaster ride with the indexes vacillating around their unchanged lines. A nice mid-day rally fizzled out and accelerated to the downside in the last hour when dip buyers stepped in to limit the damage. Volatility picked up due to rising interest rates and inflation along with uncertainty ahead of …
Stumbling But Closing In The Green
[Chart courtesy of MarketWatch.com] Moving the markets An early rebound faltered, and the major indexes declined below the unchanged line but managed to crawl back into positive territory to close out the month with solid gains. The Dow added +5.8%, its best January since 1997, while the S&P 500 and Nasdaq rallied +5.6% and +7.4% respectively. The culprit for the …
ETF Tracker Newsletter For January 26, 2018
ETF Tracker StatSheet https://theetfbully.com/2018/01/weekly-statsheet-etf-tracker-newsletter-updated-01-25-2018/ BEST START TO A YEAR FOR DOW AND S&P 500 SINCE 1987 [Chart courtesy of MarketWatch.com] Moving the markets Another day with solid advances for the major indexes (in the face of a rising VIX) as the Dow, Nasdaq and S&P 500 gained for the 4th week in a row (and 9 for the last 10 for …
One Man’s Jawboning Drags Down Markets; US Dollar Gets Clobbered
[Chart courtesy of MarketWatch.com] Moving the markets Things looked pretty hunky dory after the opening with the major indexes storming again into record territory. Then the hammer came down in form of Commerce Secretary Ross’s comments. Bloomberg reported as follows: ROSS: CHINA `SUPERB’ TALKING FREE TRADE, ACTING PROTECTIONIST ROSS: STEEL FORUM HAS MADE `ZERO DIFFERENCE’ FOR OVERCAPACITY ROSS: CHINA IS …
New Highs for S&P 500 and Nasdaq
[Chart courtesy of MarketWatch.com] Moving the markets Two of the three major indexes stormed into record territory again after upbeat earnings boosted investor sentiment, and the bulls shifted into overdrive ignoring the Dow’s weakness. Helping matters was Netflix’s rally, as it topped the $100 million market cap. Also throwing in an assist was the ending of the government shutdown, although …