ETF Tracker StatSheet You can view the latest version here. WAVERING INTO THE WEEKEND [Chart courtesy of MarketWatch.com] Moving the markets Bobbing and weaving best describes today’s market action with the major indexes clinging to their respective unchanged lines. Bulls were not in a buying mood with news about economic data lacking spunk, as did the stalled negotiations about …
Chopping Around The Unchanged Line
[Chart courtesy of MarketWatch.com] Moving the markets While the Dow never managed to climb above its unchanged line, the S&P 500 showed some promising early gains, only to give them back late in the session. However, the Nasdaq resisted red numbers and closed in the green, along with GLD, which added a solid +2.36% for the session. The latest jobs …
Bounce Back Wednesday
[Chart courtesy of MarketWatch.com] Moving the markets Yesterday’s sell-off now appears in the rear-view mirror as a vanishing object, as the major indexes stormed back and ended solidly in the green. The S&P 500 closed just shy of a new record, although it broke the old high set on February 19 on an intra-day basis. Surely, the move was not …
Dow Thrives Then Dives
[Chart courtesy of MarketWatch.com] Moving the markets For sure, it was a market where anything was possible. The Dow reigned supreme for most of the day, with a 300-point advance at one point, while the S&P 500 cruised slightly above its unchanged line. Gold and the tech sector plunged, with especially the former getting hurt by rising yields as bond …
Dow Dominates Markets
[Chart courtesy of MarketWatch.com] Moving the markets It was another sloppy and choppy session with the Dow being the leader, while the Nasdaq was unable to climb out of an early hole, but it trimmed some of its initial losses. The S&P struggled all day but closed in the green, while gold came off its early highs but hung on …
ETF Tracker Newsletter For August 7, 2020
ETF Tracker StatSheet You can view the latest version here. DOLLAR POPS AND GOLD DROPS [Chart courtesy of MarketWatch.com] Moving the markets The declining US dollar finally showed some signs of life and rebounded causing gold, after its torrid run, to give back some of its outsized gains. It was a choppy and sloppy day in the markets with …