[Chart courtesy of MarketWatch.com] Moving the markets In a repeat from yesterday, the Dow and S&P 500 climbed into record territory for the fourth session a row, while the Nasdaq bucked the trend and slipped a tad. While tomorrow’s announcement by the Fed about a 0.25% rate hike is a foregone conclusion, some anxiousness prevails about what signals may be …
Dow And S&P 500 March Into Record Territory
[Chart courtesy of MarketWatch.com] Moving the markets All 3 major indexes started the week in rally mode and finished solidly in the green, but only the Dow and S&P 500 set new record highs despite the Nasdaq scoring the best. The NY city terrorist incident disrupted the bullish mood only briefly, and the rally resumed. The main focus for traders …
ETF Tracker Newsletter For December 8, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/12/weekly-statsheet-etf-tracker-newsletter-updated-12072017/ NEW RECORDS POWERED BY JOBS REPORT [Chart courtesy of MarketWatch.com] Moving the markets The headline report about the latest jobs numbers showing an improvement in November, 228k created vs. 200k expected, was enough to power the major indexes higher with both the Dow and S&P 500 ending the week in record territory. The tech sector …
Snapping The Losing Streak; Tech Sector Finally Rebounds
[Chart courtesy of MarketWatch.com] Moving the markets The major indexes managed to recover in sync for a change with the S&P 500 snapping its 4-day losing streak. Wall Street was continuing to focus on the progress of the tax legislation while looking with much anticipation towards Friday’s jobs report. Apparently, the possibility of a government shutdown did not affect markets, …
Nasdaq Pumps And Energy Dumps
[Chart courtesy of MarketWatch.com] Moving the markets It was a tug-of-war between bulls and bears with the major indexes vacillating back and forth above and below their respective unchanged lines. In the end, only the Nasdaq managed to show a green number, although the S&P scored a close second. The Energy sector as a whole looked frail with XLE losing …
A Great Start And A Lousy Ending
[Chart courtesy of MarketWatch.com] Moving the markets The Nasdaq powered ahead early in the session as the Dow and S&P 500 struggled to find some traction. However, the euphoria was short lived as mid-day selling pulled all three indexes lower and below the unchanged line. Tranportations (IYT), who had put up some strong numbers in recent days, under-performed and lost …