ETF Tracker Newsletter For February 2, 2018

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ETF Tracker StatSheet https://theetfbully.com/2018/01/weekly-statsheet-etf-tracker-newsletter-updated-01-25-2018/  S&P 500 AND DOW SPORT LARGEST WEEKLY DECLINE IN 2 YEARS [Chart courtesy of MarketWatch.com] Moving the markets There was simply no place to hide. After having broken all kinds of records during the past year, it was time for the bears to have their moment in the spotlight—at least for this week. The major indexes …

Uncertainty Reigns Ahead Of Jobs Report

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[Chart courtesy of MarketWatch.com] Moving the markets It was another roller coaster ride with the indexes vacillating around their unchanged lines. A nice mid-day rally fizzled out and accelerated to the downside in the last hour when dip buyers stepped in to limit the damage. Volatility picked up due to rising interest rates and inflation along with uncertainty ahead of …

Whip-Saw Day Keeps Dow & S&P In The Green

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[Chart courtesy of MarketWatch.com] Moving the markets Treasury secretary Mnuchin’s remarks pushed the dollar (UUP) even lower, but in the end, the day was saved by President Trump stepping in with the soothing words that Mnuchin’s statement was taken out of context and a long-term strong dollar policy was still the administration’s goal. This pumped the dollar back up, after …

Dow Continues Record Setting Pace; Bonds Get Clobbered

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[Chart courtesy of MarketWatch.com] Moving the markets Thanks to Boeing, which added more than 60 points to the Dow, the index set another record while the S&P 500 and Nasdaq gained for the 6th straight day. There was no particular driver for the advance other than continued market optimism. In our ETF space, winners outpaced losers by a small margin. …

Records Are Made To Be Broken

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[Chart courtesy of MarketWatch.com] Moving the markets The move into record territory continued for the third straight day with the Dow climbing above its psychologically important 25k marker for the first time in history. Upward momentum remained strong throughout the session and into the close. Helping matters was the weakening of the VIX, which made history itself by trading with …