ETF Tracker StatSheet You can view the latest version here. DOW ROUNDTRIPS 600 POINTS IN VOLATILE SESSION [Chart courtesy of MarketWatch.com] Moving the markets Yesterday’s sell-off continued with utter abandon early on, but mid-day buying limited the losses, however, the tech sector again took the biggest beating. The relentless waves of selling caused me to liquidate one of our …
Dumping Into The Red
[Chart courtesy of MarketWatch.com] Moving the markets Yesterday’s “reckless advance,” as I titled it, hit the skids today with a long overdue correction instilling some reality in the markets that nothing can go up forever nor in a straight line. As a result, the major indexes plunged with the Nasdaq setting the dubious record of giving back the most, namely …
Recklessly Advancing
[Chart courtesy of MarketWatch.com] Moving the markets Yesterday’s positive 1st trading day in the historically volatile month of September continued full force with the major indexes surging, as the S&P 500 and Nasdaq set new records in the process. Traders took some profits out of highflyers like Apple and Tesla and rotated into more beaten-down shares in other parts of …
Kicking Off September With New Records
[Chart courtesy of MarketWatch.com] Moving the markets After yesterday’s modest pullback (Dow and S&P), all of the major indexes came screaming back with the Nasdaq and S&P 500 ending up in record high territory, while the Dow did not set any records but sported a solid gain of +0.76%. To no surprise, the Nasdaq took top billing with a studly …
Tech Finishes August With A Bang
[Chart courtesy of MarketWatch.com] Moving the markets The Dow and the S&P 500 started the session in the red, bounced around their unchanged lines but could not muster enough upward momentum to achieve a green close. The Nasdaq, on the other hand, never slipped into the read and closed +0.68%, which was off its intra-day high. The Dow slumped all …
ETF Tracker Newsletter For August 28, 2020
ETF Tracker StatSheet You can view the latest version here. BOND YIELDS DROP, DOLLAR PUKES, GOLD SURGES [Chart courtesy of MarketWatch.com] Moving the markets The futures markets showed continued bullish momentum with the S&P 500 racing past a new milestone marker, namely its 3,500 level, above which it eventually closed thanks to the last hour ramp during the regular …