[Chart courtesy of MarketWatch.com] Moving the Markets Even though the day started on the plus side for the major indexes, early upward momentum was not sustainable as miserable housing data, for the second day in a row, gave the bears something to cheer about. Uncertainty continued as the debt-ceiling-battle between Trump and McConnell showed no compromise and threw doubt on …
Rally Peters Out…
[Chart courtesy of MarketWatch.com] Moving the Markets After yesterday’s euphoric rally, reality set in and pulled the indexes off their lofty levels. To be clear, the pullback was relatively benign compared to the gains. Contributing to the uneasiness was President Trump’s threat to shut down the government should congress continue to stonewall his efforts to build a wall along the …
Dow & S&P Score Best Daily Rise In Four Months
[Chart courtesy of MarketWatch.com] Moving the Markets Some White House mumbling about Trump’s tax reform along with renewed war mongering from last night’s speech combined to provide the fuel to drive today’s rally enabling the Dow and S&P 500 to notch their best daily gain in some four months, but the Nasdaq was the session’s top performer with +1.36%. Across …
Searching For Direction
[Chart courtesy of MarketWatch.com] Moving the Markets It was another session during which the major indexes danced around their respective unchanged lines. Early losses were wiped out for the most part, and we managed to eke out a tiny gain with the exception of the Nasdaq, which closed slightly in the red. In the ETF spectrum that we are invested …
ETF Tracker Newsletter For August 18, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/08/weekly-statsheet-etf-tracker-newsletter-updated-08172017/ THE ROLLER COASTER RIDE CONTINUES [Chart courtesy of MarketWatch.com] Moving the Markets A mid-day rally, or was it a dead cat bounce, evaporated with the major indexes closing again below the unchanged line, although by only a slight margin. Volume was low, as it usually is during summer months which, when combined with nervous investors, leaves …
Indexes Slide But ‘Buy Signals’ Remain Intact
[Chart courtesy of MarketWatch.com] Moving the Markets Not only did the Dow’s 4-day win streak come to an end today, all 3 major indexes showed the same pattern; that is slowly deteriorating momentum throughout the session and closing at the lows. There were no green numbers to be found only varying degrees of losses. Faring the best, were International SmallCaps …