[Chart courtesy of MarketWatch.com] Moving the markets The major indexes opened lower and bobbed and weaved below their respective unchanged lines through the entire session, with only the Nasdaq spending some time above it, but it did not manage to hold on to early gains. For sure, the ongoing concerns about a potential war in the Middle East have kept …
Bouncing Off The Lows
[Chart courtesy of MarketWatch.com] Moving the markets Despite the escalating tensions in the Middle East, the markets appeared to be looking past the beating of the war drums and dug themselves out of an early hole. The initial dump did not hold, and a slow but steady ascent towards the unchanged line was followed by a late burst to assure …
ETF Tracker Newsletter For January 3, 2020
ETF Tracker StatSheet You can view the latest version here. WAR DRUMS KEEP MARKETS IN CHECK [Chart courtesy of MarketWatch.com] Moving the markets The markets pulled back today as a result of the US counterstrike in Iran, which focused on taking out a high-ranking military commander. Obviously, that escalated Middle East tensions with threats like “hard revenge awaits criminals,” …
Ending The Year On An Upbeat Note
[Chart courtesy of MarketWatch.com] Moving the markets Despite the major indexes hovering below their respective unchanged lines for most of the session, a last hour boost pushed them back into the green, thereby closing the last trading day of the year on a positive note. Low volume and profit taking by traders had equities in the red, until a slow …
Taking A Dive
[Chart courtesy of MarketWatch.com] Moving the markets For the first time in some 4 weeks, equity markets took a dive right at the opening and, despite a valiant attempt to rebound back to the various unchanged lines, they stalled and slid into the close. However, given the relentless move higher over the recent past, today’s pullback is hardly worth mentioning, …
ETF Tracker Newsletter For December 27, 2019
ETF Tracker StatSheet You can view the latest version here. SANTA CLAUS RALLY CONTINUES [Chart courtesy of MarketWatch.com] Moving the markets The markets continued their torrid pace into record territory, although momentum faded into the close today with the S&P 500 slipping just a tad but closing higher by +0.59% during this Holiday-shortened week. As ZH pointed out, it’s …
