ETF Tracker StatSheet https://theetfbully.com/2017/05/weekly-statsheet-etf-tracker-newsletter-updated-05112017/ ECONOMIC DATA POINTS CONTINUE TO WEAKEN [Chart courtesy of MarketWatch.com] Moving the Markets The low volatility environment continued as the VIX extended its steak of closing below 11 for 15 consecutive days thereby smashing the previous record. As a result, the major indexes moved in a narrow range, mostly below the unchanged line, appearing to bounce …
Equities Skid But Dip Buyers Save The Day; Is China The Canary In The Coalmine?
[Chart courtesy of MarketWatch.com] Moving the Markets Right out of the gate, the major indexes skidded with the S&P 500 dropping -0.75% before the dip buying crowd (or was it the Fed?) stepped in to save the day. While we still closed below the unchanged line, the early losses were reduced. Nevertheless, after the almost comatose state of the markets …
Still Riding The Range
[Chart courtesy of MarketWatch.com] Moving the Markets While the Nasdaq managed to ease higher by just enough of a margin to register a new record close for the 4th straight day, the Dow slipped a tad but the S&P managed to bounce against its 2,400 glass ceiling without breaking it. The Dow suffered a bit from a stock slide in …
Indexes Flat But Nasdaq Notches A New Record
[Chart courtesy of MarketWatch.com] Moving the Markets It was another non-eventful day in the markets with the Dow and S&P inching lower, however, the Nasdaq managed to eked out a new high. While earnings reports have been holding up, the spanking being dished out almost daily in the oil market along with opinions from the various Fed mouthpieces kept the …
Apple Hits $800 Billion Market Cap; Major Indexes Unchanged
[Chart courtesy of MarketWatch.com] Moving the Markets The major indexes spent today’s session in a tight range and clung to the unchanged line for most of the day. The outcome of the French elections sparked a “sell the news theme,” but US markets were stuck in a no volatility environment as the VIX was pushed down to its lowest close …
ETF Tracker Newsletter For May 5, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/05/weekly-statsheet-etf-tracker-newsletter-updated-05042017/ TUG OF WAR: STRONG JOBS REPORT VS. FRENCH ELECTIONS [Chart courtesy of MarketWatch.com] Moving the Markets It was a tug of war as a strong jobs report battled for market direction against the uncertainty of the second and final round of the upcoming French elections. For the day, the on the surface positives of the jobs …