ETF Tracker StatSheet You can view the latest version here. TRADE WAR #2 CAUSES A SEA OF RED [Chart courtesy of MarketWatch.com] Moving the markets The markets got ambushed last night after Trump’s announcement that tariffs on Mexico will be imposed as of June 10th in order to force the country to stem the tide of the ever increasing …
Selloff In Pause Mode
[Chart courtesy of MarketWatch.com] Moving the markets For a change, the markets opened slightly to the upside, before a slow and steady decline pulled the major indexes into the red, however, a last hour buying effort saved the day and we ended up modestly in the green. While the trade war battle continued in full swing, Wall Street traders apparently …
Dropping Below Critical Support—International TTI Signals ‘Sell’
[Chart courtesy of MarketWatch.com] Moving the markets Yesterday’s market dive into the close had indeed dire consequences, as the major indexes opened down without their usual morning bump. The Dow at one time had given back some 400 points but managed to recoup some of these losses late in the session, as did the S&P 500 and Nasdaq. It was …
An Early Bounce Bites The Dust
[Chart courtesy of MarketWatch.com] Moving the markets An early bounce, which looks to have been of the dead-cat nature, lost momentum, first slowly and then quickly. The major indexes ended up diving into the close and scoring their low of the day as the final bell rang—not a good omen for tomorrow’s opening. Early in the session, we saw some …
ETF Tracker Newsletter For May 24, 2019
ETF Tracker StatSheet You can view the latest version here. STOCKS STRUGGLE TO FIND SUPPORT [Chart courtesy of MarketWatch.com] Moving the markets The entire week has been a roller coaster ride, as stocks tried to find some support but ended up on the downside with the Dow now extending its losing streak to five straight weeks, its worst one …
Markets In Grieving Stage — Major Indexes Take A Hit
[Chart courtesy of MarketWatch.com] Moving the markets There was nothing for the computer algos to be optimistic about, as far as uplifting news headlines was concerned. There simply weren’t any, and the Dow started the session with a 400-point drop and ended up below its 200-day M/A for the first time since the beginning of the year. Even a hint …