ETF Tracker StatSheet You can view the latest version here. ENDING GREEN OCTOBER WITH A BANG [Chart courtesy of MarketWatch.com] Moving the markets The major indexes managed to dig themselves out of an early hole to end the month of October in the positive with the S&P 500 gaining some 6.9%, while the Dow and Nasdaq posted similar advances. …
Riding The Bullish Range
[Chart courtesy of MarketWatch.com] Moving the markets Earnings were the driver that elevated the major indexes to another green close, despite the whipsaws we saw throughout the session. A selloff during the last 30 minutes cut down the unrealized gains but kept the Dow’s record setting 3-day run intact. Volatility was part of today’s sentiment with MarketWatch describing it this …
Bulls Remain In Charge
[Chart courtesy of MarketWatch.com] Moving the markets The bulls dominated again and managed to score another winning session and, in the process, pushed the Dow and S&P 500 to new intra-day highs. This move came ahead of a major week of earnings from the big tech heavyweights in anticipation of positive surprises. As a result, the Nasdaq lead the pack …
ETF Tracker Newsletter For October 22, 2021
ETF Tracker StatSheet You can view the latest version here. DOW CLOSES WEEK WITH NEW RECORD [Chart courtesy of MarketWatch.com] Moving the markets While the S&P 500 missed out on its 8th straight day of advances, the Dow powered ahead and eked out a new record high, thereby imitating yesterday’s S&P accomplishment. The latter surrendered -0.11%. The Nasdaq was …
Keeping The Bullish Meme Intact
[Chart courtesy of MarketWatch.com] Moving the markets With the bulls continuing their ascent to take out all-time highs, they succeeded by pushing the Dow into record territory, while S&P 500 “only” registered its sixth consecutive day of gains. The Nasdaq lagged by bouncing around its unchanged line while giving up early advances. MarketWatch was correct with its analysis that the …
Earnings Power Equities
[Chart courtesy of MarketWatch.com] Moving the markets Positive earnings reports kept bullish momentum alive, with major companies showing strong report cards, which helped alleviate fears that Covid cases and rising costs might undermine corporate profit margins. So far, this has not happened. It was “go time” right after the opening bell, and the major indexes followed the path of least …