ETF Tracker StatSheet https://theetfbully.com/2017/07/weekly-statsheet-etf-tracker-newsletter-updated-07062017/ ROLLER-COASTER WEEK ENDS ON A POSITIVE NOTE [Chart courtesy of MarketWatch.com] Moving the Markets A roller-coaster week ended on the plus side with the S&P 500 squeezing out a 2 point gain after recovering from yesterday’s sell off. A better than expected jobs number supported equities with the employment report showing that 222,000 jobs (vs. 179k …
Bonds, Equities And Dollar Drop As Interest Rates Rise
[Chart courtesy of MarketWatch.com] Moving the Markets The debacle started in Europe, as ugly bond auctions in France and Spain set a negative tone for the day, which quickly spread across the Atlantic pushing US interest rates higher (and bond prices lower) while pulling equities off their lofty levels with the Nasdaq surrendering -1%. Not helping was the German Bond …
Nasdaq Outperforms; Energy Sector Gets Slammed
[Chart courtesy of MarketWatch.com] Moving the Markets It was a tale of two markets as the Nasdaq was propelled higher with semiconductors (SMH) reversing their recent downtrend by charging ahead +1.90%. The Dow closed about unchanged, while the S&P 500 managed to eke out a small gain of +0.15%. Things looked ugly in the energy sector as oil got hit …
ETF Tracker Newsletter For June 30, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/06/weekly-statsheet-etf-tracker-newsletter-updated-06292017/ HOVERING ABOVE THE UNCHANGED LINE [Chart courtesy of MarketWatch.com] Moving the Markets The Dow and S&P 500 managed to hang on to slight gains despite a last hour sell-off, which pushed the Nasdaq back into the red for the day. While the major indexes posted had a solid quarter, the month of June was problematic …
Volatility Spike Kills Equities
[Chart courtesy of MarketWatch.com] Moving the Markets If you viewed Wednesday’s market ramp with the benefit of hindsight by looking at today’s losing session, it would appear that yesterday was a blow-off top; or so it seems. There was nothing positive surrounding equities, which ended up down for the day but, considering that the VIX at the lows had jumped …
Dollar Dumps As Nasdaq Jumps
[Chart courtesy of MarketWatch.com] Moving the Markets In a total reversal from yesterday, equities jumped right after the opening bell and never looked back in an attempt to recover Tuesday’s losses, a feat which was largely accomplished with the S&P posting its biggest one-day gain in a couple of months. Economic data points did not assist in today’s ramp as …