[Chart courtesy of MarketWatch.com] Moving the markets Today, all three major indexes moved in sync by pushing further into uncharted territory and closing at new all-time highs. It was a repeat of yesterday, as we headed straight north right after the opening bell and never looked back with additional momentum gathering strength in the last hour of the session. The …
Storming Into 2018 And Setting New Records
[Chart courtesy of MarketWatch.com] Moving the markets The weak performance of the last day of 2017 is now forgotten, and in the rear view mirror, as the major indexes stormed out of the starting blocks and never looked back. It was the S&P’s and Nasdaq’s turn to set new records while the Dow lagged for the time being. The energy, …
ETF Tracker Newsletter For December 29, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/12/weekly-statsheet-etf-tracker-newsletter-updated-12-28-2017/ DIVING INTO THE CLOSE [Chart courtesy of MarketWatch.com] Moving the markets It’s no secret that equities had a stellar 2017 with the major indexes posting their best year since 2013. It was a period during which the Dow hit 71 closing records, while the Nasdaq rose for its sixth straight year, its longest such streak since …
Last Hour Burst Assures A Green Close
[Chart courtesy of MarketWatch.com] Moving the markets After much range trading for most of the day, the major indexes shot up during the last hour to not just only close in the green but to also push the Dow to its 71st record close for the year. The supporting actors turned out to be banking shares and to a lesser …
ETF Tracker Newsletter For December 22, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/12/weekly-statsheet-etf-tracker-newsletter-updated-12212017/ CRAWLING BACK TOWARDS THE UNCHANGED LINE [Chart courtesy of MarketWatch.com] Moving the markets Despite today’s aimless meandering, which had the major indexes crawling out of a hole towards the unchanged line, the Dow and S&P 500 managed to score their fifth straight weekly advance despite ending the session slightly in the red. For sure, with …
Hunting For A Fresh Catalyst
[Chart courtesy of MarketWatch.com] Moving the markets With the tax reform package now being a done deal, the markets were in need of a new catalyst to continue their bullish theme. Since there was none to speak of, equities simply rallied higher because… well… that’s what they do. Energy, Financials and Telecom contributed to the positive outcome, but the mid-session …