Netflix Boosts The Markets

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com] Moving the markets Netflix was the major driver to get things started in the bullish direction and kept things alive throughout the session, despite earnings growth estimates having fallen recently to less than half the average growth for the first three quarters. However, that did not matter, what was most important was that Netflix’s price hike …

Global Growth Fears Keep Bullish Tendencies In Check

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com] Moving the markets An early sharp drop gave way to a bounce throughout the session, but conviction was lacking in the face of ugly China trade data, and by association, more concerns again over a general global slowdown. Adding to the uncertainty was the beginning of earnings season, which many analysts view with some skepticism after …

ETF Tracker Newsletter For January 11, 2019

Ulli ETF Tracker Contact

ETF Tracker StatSheet https://theetfbully.com/2019/01/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-01-10-2019/ SNAPPING THE WIN STREAK BUT GAINING FOR THE WEEK [Chart courtesy of MarketWatch.com] Moving the markets Today was almost a repeat from yesterday’s session in that we started sharply to the downside, but bullish momentum appeared and pulled the major indexes up, but they fell a tad short of crossing above the unchanged line. For the …

A Wild Ride: Dump, Pump, Dump And Pump

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com] Moving the markets It was another wild ride in the markets when, after an opening dump, dip-buyers (or was it the PPT?) stepped in and pushed the major indexes slowly but surely back above the unchanged line, when another dive pulled them back below it, before a second rebound shoved them into green for a fifth …

Trade Talk Hope Powers Markets

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com] Moving the markets The major indexes managed to string together a 3-day winning streak thanks to continued optimism over the status of US-China trade talks. In a show of good faith, the warring parties extended their discussions until Wednesday. Word has it that gradual progress is being made, however, a true and final deal appears to …

When Bad News Is Good News—Again

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com] Moving the markets At least for today, we’re back to the theme of last year when, on many occasions, bad news was good news and kept the bullish dream alive. I was reminded of that this morning when, after last week’s terrible manufacturing index (ISM) numbers, it was the US Service Economy’s turn to plummet (December …