[Chart courtesy of MarketWatch.com] Moving the Markets The major indexes extended their post election really with the Nasdaq being the winner of the day with a gain of +1.10%. The Dow managed to again creep into record territory while the S&P added a solid +0.75%. Energy stocks provided the fuel with oil racing ahead with a gain of +5.82% in …
The Trump Pump Slows: Dow Inches Into Record Territory But Nasdaq Drops
[Chart courtesy of MarketWatch.com] Moving the Markets It was a tale of different markets. While the DIA made a new all-time high, the Nasdaq dropped as the rotation continued out of tech into financials, industrials, energy and transportation, all being powered by expectations that Trump’s economic policies might be beneficial for those sectors. The dollar surged as emerging markets got …
ETF Tracker Newsletter For November 11, 2016
ETF Tracker StatSheet ————————————————————- https://theetfbully.com/2016/11/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-11102016/ ———————————————————— Market Commentary A WILD RIDE: GOLD CRASHES, BONDS LOSE OVER $1 TRILLION IN SECOND WORST WEEK EVER [Chart courtesy of MarketWatch.com] Moving the Markets It was wild week in the markets, and it continued today despite the bond market being closed. Besides the Dow making a new all-time high, and other indexes joining to …
From Feast To Famine To Feast: Trump Wins, Stock Futures Crash, Massive Rebound Follows
[Chart courtesy of MarketWatch.com] Moving the Markets It’s hard to put the market action of the past 24 hours into words. As Trump’s election victory became apparent last night, volatility shifted into overdrive and stock futures headed sharply south triggering the “limit down” trading stop after having lost 5%. For sure, you thought today would have turned into a bloodbath …
Wall Street Is Betting On A Clinton Win
[Chart courtesy of MarketWatch.com] Moving the Markets It was one of the worst kept secrets on Wall Street: Traders prefer a Clinton victory. Yesterday’s rally continued today, although far more cautiously, as the investment community sees the former secretary of state as a status quo candidate, a much preferred choice. It implies that alleged stability in the markets, aka the …
Markets In Rally Mode Thanks To FBI Flip-Flop
[Chart courtesy of MarketWatch.com] Moving the Markets After 9 straight losing sessions, the markets shifted into high gear right out of the starting blocks to stage the best rally in 8 months. The reason was that FBI chief Comey decided that he would not press criminal charges against Hillary Clinton after just having re-opened the case 9 days ago. This …