[Chart courtesy of MarketWatch.com] Moving the markets It was choppy trading session with the major indexes hugging their respective trend lines throughout the day. Neither big dips nor strong rallies were to be seen anywhere, as momentum in either direction was conspicuously absent. Part of this uncertainty may have been caused by a winding down of the earnings season and …
ETF Tracker Newsletter For February 8, 2019
ETF Tracker StatSheet https://theetfbully.com/2019/02/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-02-07-2019/ Battling Back And Finishing Mixed [Chart courtesy of MarketWatch.com] Moving the markets For the second day in a row, the markets opened in red with the Dow down over 200 points, as yesterday’s issues (sluggish global growth and U.S.-China trade tensions) weighed heavy on sentiment. Especially the trade war was on traders’ minds, when Trump confirmed …
Global Growth Fears Stop Bullish Momentum
[Chart courtesy of MarketWatch.com] Moving the markets Right after the opening bell, the major indexes took a dive as a cocktail of global risks kept traders occupied. The usual suspects, namely U.S.-China trade tensions, the U.K Brexit and a sharp slowdown in Chinese growth, combined to put the bulls on notice that all may not be well with this world …
Equities Under Pressure
[Chart courtesy of MarketWatch.com] Moving the markets I guess nothing can ever really satisfy the traders/algos on Wall Street, who constantly need to be fed a fresh dose of stimulus in order to maintain the bullish mood. Apparently, it’s not enough that the Fed threw in the towel by doing a U-turn with their interest rate policy and in the …
Tech Leads The Way And Posts Solid Gains
[Chart courtesy of MarketWatch.com] Moving the markets Despite a slow start, the major indexes picked up some steam and closed higher with technology leading the charge as the Nasdaq added +1.15%. Assisting the advance was a positive view of Alphabet’s (Google) upcoming quarterly report card and another round of earnings by some 97 members of the S&P 500. The markets …
ETF Tracker Newsletter For February 2, 2019
ETF Tracker StatSheet https://theetfbully.com/2019/01/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-01-31-2019/ Up For The Week But Running Out Of Steam For The Day [Chart courtesy of MarketWatch.com] Moving the markets Choppy and sloppy best describes the last trading day, a week during which the major indexes gained but ran out of steam, as an early rally faded into the close with the Dow coming off the high …