ETF Tracker StatSheet https://theetfbully.com/2017/12/weekly-statsheet-etf-tracker-newsletter-updated-12142017/ EXTENDING THE WEEKLY GAIN STREAK [Chart courtesy of MarketWatch.com] Moving the markets When looking at yesterday’s weakening market action, today can only be described as “opposite” day, as senators Rubio and Corker fell in line and announced a “Yes” vote to the long overdue agreement on Trump’s tax plan, as a last minute expansion of …
When A Done Deal Is Apparently Not A Done Deal
[Chart courtesy of MarketWatch.com] Moving the markets Market exuberance reigned early on and had the major indexes on track to set more record highs when jawboning by senators Rubio and Lee caused a case of severe tax-reform-anxiety. While we all thought the tax reform was a done deal, it does not appear so as questions regarding the “child tax credit” …
Fed Hikes Rates; Dow Ends At Fourth Straight Record High
[Chart courtesy of MarketWatch.com] Moving the markets Early market exuberance faded late in the session with only the Dow and Nasdaq clinging on to modest gains, while the S&P 500 slipped slightly into the red. The Fed raised the benchmark Fed funds rate by 0.25%, as expected, which was the fourth hike in the past year. The much awaited 2018 …
More Records
[Chart courtesy of MarketWatch.com] Moving the markets In a repeat from yesterday, the Dow and S&P 500 climbed into record territory for the fourth session a row, while the Nasdaq bucked the trend and slipped a tad. While tomorrow’s announcement by the Fed about a 0.25% rate hike is a foregone conclusion, some anxiousness prevails about what signals may be …
Dow And S&P 500 March Into Record Territory
[Chart courtesy of MarketWatch.com] Moving the markets All 3 major indexes started the week in rally mode and finished solidly in the green, but only the Dow and S&P 500 set new record highs despite the Nasdaq scoring the best. The NY city terrorist incident disrupted the bullish mood only briefly, and the rally resumed. The main focus for traders …
ETF Tracker Newsletter For December 8, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/12/weekly-statsheet-etf-tracker-newsletter-updated-12072017/ NEW RECORDS POWERED BY JOBS REPORT [Chart courtesy of MarketWatch.com] Moving the markets The headline report about the latest jobs numbers showing an improvement in November, 228k created vs. 200k expected, was enough to power the major indexes higher with both the Dow and S&P 500 ending the week in record territory. The tech sector …