ETF Tracker StatSheet https://theetfbully.com/2018/08/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-08-30-2018/ A CHOPPY END TO A GOOD MONTH [Chart courtesy of MarketWatch.com] Moving the markets You could have pretty much counted on what happened today, namely that the major indexes vacillated aimlessly around their respective unchanged lines just to make it to the closing bell. While the Dow slipped a tad, the S&P 500 and Nasdaq ended …
Sliding Into The End Of The Month
[Chart courtesy of MarketWatch.com] Moving the markets All good things must end eventually. That was the case today, as the 4-day win streak was snapped with the major indexes slipping modestly ahead of the Labor Day weekend. Sure, after scoring repeated record highs, a pause was in order, but at mid-day other factors contributed to the sudden downside acceleration. Abruptly, …
Bulls Clearly In Charge
[Chart courtesy of MarketWatch.com] Moving the markets And the beat goes on. At least for the moment, the major indexes act like a run-away train with nothing being able to stop it. The S&P 500 and Nasdaq are continuing to rip higher and scored a 4th straight record close while the Dow finished at its highest point since February. Helping …
Taking A Breather
[Chart courtesy of MarketWatch.com] Moving the markets It comes as no surprise that, after yesterday’s strong run-up, the major indexes took a bit of a breather, however, they still managed to close in the green, despite dipping below the unchanged line several times during the session. So far, it looks that this month may turn out to be the second-best …
Equities Shift Into Overdrive
[Chart courtesy of MarketWatch.com] Moving the markets So much for the dog days of summer, as the S&P 500 and Nasdaq closed at record highs for the second day in a row powered by excitement over the new trade deal between the US and Mexico. The Dow successfully reclaimed the 26k level for the first time since February, while the …
ETF Tracker Newsletter For August 24, 2018
ETF Tracker StatSheet https://theetfbully.com/2018/08/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-08-23-2018/ TESTING RECORD HIGHS [Chart courtesy of MarketWatch.com] Moving the markets In the face of the worst durable goods order report in 6 months, indicating an accelerating US slowdown, the S&P and Nasdaq moved into record territory with the broad market showing a solid performance as well. Apparently, weak economic reports, including the ones on housing recently, …