ETF Tracker StatSheet You can view the latest version here. S&P 500 NOTCHES A 4TH STRAIGHT WINNING MONTH [Chart courtesy of MarketWatch.com] Moving the markets As we’ve seen before, an early bounce hit the skids mid-day and accelerated towards the end, however, the major indexes managed to eke out a green close with the S&P 500 scoring its 4th …
Battling For Altitude
[Chart courtesy of MarketWatch.com] Moving the markets After an early rally, the major indexes spent the remainder of the session struggling to maintain their gains but were not able to with prices slipping and the Nasdaq dipping into the red. However, the Dow and S&P 500 were able to advance modestly. Better-than-expected Initial Jobless Claims provided the ammunition for the …
Clinging To The Unchanged Line
[Chart courtesy of MarketWatch.com] Moving the markets Despite an early bounce, much of the gains were given back during the session with only the Nasdaq staying solidly in the green, while the other two major indexes clung to their respective unchanged lines. The theme remained the same as those stocks, which are closely connected to the economic reopening, benefitted the …
Recapturing Upward Momentum
[Chart courtesy of MarketWatch.com] Moving the markets Right after the opening bell, the bulls took charge, after having lost the momentum battle last week, with the major indexes climbing solidly led by the embattled tech sector. Positive news about the continued economic reopening provided the ammunition for the Nasdaq to advance solidly after the recent spanking. Throughout the session, there …
ETF Tracker Newsletter For May 21, 2021
ETF Tracker StatSheet You can view the latest version here. STRUGGLING TO MAINTAIN ALTITUDE [Chart courtesy of MarketWatch.com] Moving the markets Despite some analysts’ expectations for a sharp increase in volatility due to options expirations today, where anything is possible, this session turned out to be better than expected. The major indexes opened higher but slowly lost their upside …
Cautiously Advancing
[Chart courtesy of MarketWatch.com] Moving the markets After three days of losses, the major indexes found some footing which, despite some ups and downs, provided enough upward momentum to ensure a green close. For a change, the Nasdaq led the way with a solid, yet long overdue rebound of 1.77%. On the economic front, we learned that first-time claims for …