ETF Tracker StatSheet https://theetfbully.com/2017/08/weekly-statsheet-etf-tracker-newsletter-updated-08312017/ PAYROLLS DISAPPOINT; MARKETS RALLY [Chart courtesy of MarketWatch.com] Moving the Markets The main problems of the past week, N. Korea and Harvey, got some company today when the jobs report turned out to be simply ugly with the BLS reporting that only 156k jobs were created in August compared to expectations of 180k. In addition, as …
Mission Accomplished: S&P Closes In The ‘Green’ For August
[Chart courtesy of MarketWatch.com] Moving the Markets The past few days, I have commented on the fact that the S&P was in danger of notching its first losing month in 2017, and that there was a good chance efforts would be made to push the index in the ‘green.’ That’s exactly what happened and, even though we managed to add …
When Only Good News Matters
[Chart courtesy of MarketWatch.com] Moving the Markets Even though I was a little facetious yesterday when commenting that the S&P needs to rally for the remaining 3 sessions of August to maintain its spotless record of rising every month, today was a step in the right direction. The Dow and Nasdaq managed to climb into the “green,” and the S&P …
Clawing Back From An Early Sell-Off
[Chart courtesy of MarketWatch.com] Moving the Markets The early morning sell-off, which had the Dow down nearly 135 points, is now in the rearview mirror with the index staging its best intra-day comeback in 9 months. All the worries of the day, like continued provocations from N. Korea, debt ceiling talk and more fallout from hurricane Harvey, were either ignored …
In Harvey’s Wake: Major Indexes Steady
[Chart courtesy of MarketWatch.com] Moving the Markets While Hurricane Harvey unleashed his enormous power over the weekend, the major indexes escaped pretty much unscathed and spent the session bouncing around their respective unchanged lines. The Nasdaq fared the best by gaining +0.28%. Retailers, along with the energy and financial sectors, slid early on but were not able to stage a …
ETF Tracker Newsletter For August 25, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/08/weekly-statsheet-etf-tracker-newsletter-updated-08242017/ SNAPPING A TWO-WEEK LOSING STREAK [Chart courtesy of MarketWatch.com] Moving the Markets Anticipation was high ahead of speeches by Yellen and Draghi, which was reflected in the early rally right after the markets opened. However, disappointment set in as neither one offered any clues about future monetary policy moves. Despite an ugly last hour dive in …