Conquering The September Doldrums

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com] Moving the markets Despite a shaky start, the major indexes found support and managed to overcome the September doldrums, at least for this day. Bullish momentum surfaced with equities accelerating to the upside during the afternoon session, and all three indices closed the day with solid gains. While the battle between Small Caps (VBK) and Value …

Another Rally Bites The Dust

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[Chart courtesy of MarketWatch.com] Moving the markets Except for yesterday, we have seen the pattern of an early bump getting pounded in the afternoon during all last week. While Monday instilled some confidence in traders’ minds that the bullish meme is still alive, that mantra was smashed today with the major indexes spending most of the session below their respective …

Maintaining Equilibrium

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com] Moving the markets For a change, an early rally maintained its momentum throughout the session, despite a temporary mid-day pullback, with two of the three major indexes finally eking out a gain, following five days of losses. The Nasdaq trailed and closed slightly in the red, after dancing around its unchanged line all day. Small Caps …

ETF Tracker Newsletter For September 10, 2021

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ETF Tracker StatSheet           You can view the latest version here. PUKING INTO THE WEEKEND [Chart courtesy of MarketWatch.com] Moving the markets Another opening bounce in the markets turned out to be fake with the major indexes hitting the skids and not only diving into the weekend but also closing at the lows of the session with breadth worsening. This …

Hunting For Clarity

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com] Moving the markets It was a third day in a row of red numbers for the Dow and S&P 500 with the indicators meandering and looking for a base to support the bullish theme. While the three major indexes bounced off the lows for the day, it was not enough to instill confidence in the bears …

Slipping And Sliding

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com] Moving the markets The same old anxieties were moved to the front burner again, namely what the delta variant’s impact might be on the economic reopening. At least that’s the headline news, but looking under the hood for the real reason, it appears to me the fact that 7 million people lost their extra unemployment benefits …