[Chart courtesy of MarketWatch.com] Moving the Markets The weekend news simply did not matter. Saudi Arabia went into crisis mode after 2 of their princes died, one via a helicopter crash and the other one in a firefight to avoid arrest, dozens were taken into custody, assets were frozen and a no-fly zone for private planes was invoked. Domestically, McCain …
ETF Tracker Newsletter For November 3, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/11/weekly-statsheet-etf-tracker-newsletter-updated-11022017/ DOW AND S&P 500 SCORE 8TH STRAIGHT WEEKLY GAIN [Chart courtesy of MarketWatch.com] Moving the Markets And the beat goes on. After a weak opening, the major indexes found some footing and continued their ascent into record territory. The rise was modest with an assist coming from Apple (AAPL) due to their strong report card, which …
Dow Sets A New Record
[Chart courtesy of MarketWatch.com] Moving the Markets While the Dow managed to eke out a new record high, the S&P 500 and Nasdaq struggled all day to get back to even with the latter just coming up short. We traded lower for most of the session as a result up Trump’s unveiling of the much-hyped tax plan. Some of the …
Honing In On New Record Highs
[Chart courtesy of MarketWatch.com] Moving the Markets While the major indexes started the first November session with a bang, upward momentum waned, and the Nasdaq ended up slipping slightly into the red, while the Dow and S&P 500 remained green. The Fed kept interest rates unchanged but jawboned some positives about the economy using descriptive words like “activity has been …
Major Indexes Conquer October; Sporting Biggest Increase Since February
[Chart courtesy of MarketWatch.com] Moving the Markets The month of October has been known as the bull market killer in the past. Not so this year, as the major indexes not only survived but prospered at the tune of +4.2%, +2.2% and +3.2% respectively for the Dow, S&P 500 and Nasdaq. The Dow actually rose at twice the pace it …
Indecision Reigns
[Chart courtesy of MarketWatch.com] Moving the Markets Equities struggled with only the Nasdaq managing to spend some time above the unchanged line early on, and knocking out another intra-day record, but it too succumbed to weakness, before sliding slightly into the red. Trump’s tax cuts were at the center of the market weakness, as the House was discussing a more …