[Chart courtesy of MarketWatch.com] Moving the Markets After skidding two days in a row, the major indexes bounced back and erased their recent losses with the S&P ending the session at the same level where we closed on Monday. Giving an assist was the widely expected passage of the tax bill in the House. That in itself is progress but …
Major Indexes Sag As Tax Reform Acrobatics Continue
[Chart courtesy of MarketWatch.com] Moving the Markets The major indexes sagged as uncertainty about the tax reform tug-of-war continued to take center stage. Not helping matters was a dive in crude oil along with weakness from heavyweights Apple (AAPL) and Boeing (BA). But the stock that really took a spanking was GE (-5.89% for the day) after cutting its dividend …
ETF Tracker Newsletter For November 10, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/11/weekly-statsheet-etf-tracker-newsletter-updated-11092017/ MORE TAX-CUT DELAY TALK SPOOKS INVESTORS [Chart courtesy of MarketWatch.com] Moving the Markets Follow through declines from yesterday’s pullback were rebuffed early on when a slow crawl towards the unchanged line ensued. However, only the Nasdaq was able to muster enough momentum to barely close in the green. The Dow and S&P 500 just fell short …
Carving Out New Highs
[Chart courtesy of MarketWatch.com] Moving the Markets It appears that we’re back to normal—the new normal that is. I am talking about the pattern we’ve come to know very well this year. Namely, a weak opening followed by a mid-day bounce and a strong finish accompanied by new all-time highs. That’s exactly what we got, as the major indexes scored …
More All-Time Highs
[Chart courtesy of MarketWatch.com] Moving the Markets The weekend news simply did not matter. Saudi Arabia went into crisis mode after 2 of their princes died, one via a helicopter crash and the other one in a firefight to avoid arrest, dozens were taken into custody, assets were frozen and a no-fly zone for private planes was invoked. Domestically, McCain …
ETF Tracker Newsletter For November 3, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/11/weekly-statsheet-etf-tracker-newsletter-updated-11022017/ DOW AND S&P 500 SCORE 8TH STRAIGHT WEEKLY GAIN [Chart courtesy of MarketWatch.com] Moving the Markets And the beat goes on. After a weak opening, the major indexes found some footing and continued their ascent into record territory. The rise was modest with an assist coming from Apple (AAPL) due to their strong report card, which …