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 …
Crawling Higher
[Chart courtesy of MarketWatch.com] Moving the markets The Dow was the beneficiary of today’s news that Boeing’s CEO has “resigned” and was replaced by its current Chairman. This contributed at least 50 points to initial 100-point surge. The major indexes crept into new record territory also supported by news that China intends cut its tariffs for pork, pharmaceuticals and some …
ETF Tracker Newsletter For December 20, 2019
ETF Tracker StatSheet You can view the latest version here. SLOW AND STEADY [Chart courtesy of MarketWatch.com] Moving the markets The major indexes continued their upward trend, slow and steady, as we’ve seen all week, which is preferable over fast and furious moves followed by quick and sharp corrections. Today’s melt up was in part caused by quadruple …