[Chart courtesy of MarketWatch.com] Moving the Markets The major indexes started out the week on a negative note, rallied off the lows but did not manage to climb above the unchanged line. Setting the sour mood were news reports from N. Korea over the weekend that they had fired four ballistic missiles into the sea northwest of Japan. That was …
ETF Tracker Newsletter For March 3, 2017
ETF Tracker StatSheet https://theetfbully.com/?p=18573&preview=true Clawing Back Above The Line [Chart courtesy of MarketWatch.com] Moving the Markets As we all know, you never get a straight answer from the Fed in regards to interest rates. Today was no exception as Fed head Yellen signaled that they are set raise rates this month, but they kept their options open via: “if employment …
Coming Off The Sugar High
[Chart courtesy of MarketWatch.com] Moving the Markets While the jury is still out in regards to me considering yesterday’s market ramp a “blow-off” top, today’s pullback did not come as a surprise with the major indexes having been on 12-day parabolic rampage supported by not a lot of real news to justify it. Of course, today could have been a …
WS Critic: “Trump Makes America ‘Wait’ Again”
[Chart courtesy of MarketWatch.com] Moving the Markets One of the funnier headlines I’ve seen in a while was featured by a Bloomberg writer, who in a note titled “Still No Details as Trump Makes America Wait Again” opined that, while the market was surging on a sugar high this morning, no details on how Trump plans to achieve his lofty …
Snapping The Winning Streak
[Chart courtesy of MarketWatch.com] Moving the Markets I did not expect much upside market action ahead of Trump’s speech, and that is exactly what happened. The Dow broke its 12-day record streak while all major indexes closed marginally to the downside. Not helping matters was Target’s report that profit for the quarter, including the holiday season, had fallen by an …
ETF Tracker Newsletter For February 24, 2017
ETF Tracker StatSheet https://theetfbully.com/?p=18573&preview=true Last Hour Buying Pushes Dow To 11th Record In A Row [Chart courtesy of MarketWatch.com] Moving the Markets I simply had to laugh out loud when I saw the above chart right after the close. The indexes had spent all day below the unchanged line and it looked like a down day was in the making. …