Fed Hikes Rates; Dow Ends At Fourth Straight Record High

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[Chart courtesy of MarketWatch.com] Moving the markets Early market exuberance faded late in the session with only the Dow and Nasdaq clinging on to modest gains, while the S&P 500 slipped slightly into the red. The Fed raised the benchmark Fed funds rate by 0.25%, as expected, which was the fourth hike in the past year. The much awaited 2018 …

More Records

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[Chart courtesy of MarketWatch.com] Moving the markets In a repeat from yesterday, the Dow and S&P 500 climbed into record territory for the fourth session a row, while the Nasdaq bucked the trend and slipped a tad. While tomorrow’s announcement by the Fed about a 0.25% rate hike is a foregone conclusion, some anxiousness prevails about what signals may be …

Dow And S&P 500 March Into Record Territory

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[Chart courtesy of MarketWatch.com] Moving the markets All 3 major indexes started the week in rally mode and finished solidly in the green, but only the Dow and S&P 500 set new record highs despite the Nasdaq scoring the best. The NY city terrorist incident disrupted the bullish mood only briefly, and the rally resumed. The main focus for traders …

ETF Tracker Newsletter For December 8, 2017

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ETF Tracker StatSheet https://theetfbully.com/2017/12/weekly-statsheet-etf-tracker-newsletter-updated-12072017/  NEW RECORDS POWERED BY JOBS REPORT   [Chart courtesy of MarketWatch.com] Moving the markets The headline report about the latest jobs numbers showing an improvement in November, 228k created vs. 200k expected, was enough to power the major indexes higher with both the Dow and S&P 500 ending the week in record territory. The tech sector …

Nasdaq Pumps And Energy Dumps

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[Chart courtesy of MarketWatch.com]  Moving the markets It was a tug-of-war between bulls and bears with the major indexes vacillating back and forth above and below their respective unchanged lines. In the end, only the Nasdaq managed to show a green number, although the S&P scored a close second. The Energy sector as a whole looked frail with XLE losing …

ETF Tracker Newsletter For December 1, 2017

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ETF Tracker StatSheet https://theetfbully.com/2017/11/weekly-statsheet-etf-tracker-newsletter-updated-11302017/ SLIPPING FOR THE DAY BUT GAINING FOR THE WEEK   [Chart courtesy of MarketWatch.com] Moving the markets The equity markets derailed this morning and plunged after headline reports that Trump’s former national-security advisor promised not only “full cooperation with the Mueller team” but that he is also prepared to testify that as a candidate, Donald Trump …