[Chart courtesy of MarketWatch.com] Moving the markets The markets meandered aimlessly with the major indexes showing a mixed picture as the S&P 500 and Nasdaq pulled back while the Dow managed to stay above the unchanged line. Presidents Trump and Putin met as planned in Helsinki, but even a joint conference did not motivate buyers to pile into equities. In …
ETF Tracker Newsletter For July 13, 2018
ETF Tracker StatSheet https://theetfbully.com/2018/07/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-07-12-2018/ BUILDING ON LAST WEEK’S ADVANCE [Chart courtesy of MarketWatch.com] Moving the markets At least for the time being, Wall Street traders managed to shake off the headwind known as ‘trade disagreements’ and push equities higher, not just this week, but also sporting gains the last six out of seven trading days. The exception was last Wednesday, …
Tech Leads The Indexes And Pushes Nasdaq To Record Close
[Chart courtesy of MarketWatch.com] Moving the markets Yesterday’s market dump turned into today’s market pump with the major indexes recovering as a tech led rally pushed the Nasdaq to a record close. What changed from yesterday? Not much, other than that sentiment took a turn for the better following news reports that the US and China are working to ease …
Trade War Disputes Return With A Vengeance
[Chart courtesy of MarketWatch.com] Moving the markets The 4-day winning streak for US equities came to a sudden halt this morning with the major indexes taking a steep dive, as trade-war jitters returned to front-and-center with Trump announcing new tariffs on Chinese goods. After days of calm, which allowed the stock markets to make a nice run, reality set in …
Continuing The Bullish Theme
[Chart courtesy of MarketWatch.com] Moving the markets The bullish mood continued with the Dow and the S&P 500 making solid gains, while the Nasdaq lagged and barely stayed above the unchanged line. The Dow had its best win streak in the past 30 days, while the S&P 500 was homing in on a new 5-month high. However, when looking at …
Bulls In Charge
[Chart courtesy of MarketWatch.com] Moving the markets The bulls were clearly in charge with the major indexes jumping right after the opening bell and remaining solidly above the unchanged line. The Dow shook off some of its recent weakness by scoring a triple digit gain and notching a third straight winning session, which put it back to slightly positive (+0.2%) …