[Chart courtesy of MarketWatch.com] Moving the Markets Even though today’s gains were modest, they were gains nonetheless. The major indexes continued their ascent into record territory despite a slow start right after the opening. However, in the end, the S&P 500 posted its sixth consecutive day of gains. Private sector employment slowed from September with 150k jobs added. All eyes …
Gaining Steam Late In The Session
[Chart courtesy of MarketWatch.com] Moving the Markets After some early aimless meandering, although above the unchanged line, the major indexes picked up some steam late in the day to book another round of records. The Dow, the Nasdaq, the S&P 500 and the Russell all registered all-time highs. You can find a lot of reasons for and against a continuation …
Equities Rocket Higher In Face Of Mass Shooting
[Chart courtesy of MarketWatch.com] Moving the Markets Right now, it seems that nothing can stop the northerly path of equities. Despite the police brutality associated with the Catalonian secession vote in Spain over the weekend and last night’s mass shooting in Las Vegas, the major indexes started the day in positive territory and resumed a steady run-up throughout the session. …
ETF Tracker Newsletter For September 29, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/09/weekly-statsheet-etf-tracker-newsletter-updated-09282017/ ENDING THE MONTH AND THE QUARTER ON A POSITIVE NOTE [Chart courtesy of MarketWatch.com] Moving the Markets Equities closed out the week, month and quarter on a positive note with the S&P, Nasdaq and Russell 2000 ending not only at their highs of the session but also setting new records in the process. In terms of …
Grinding Higher
[Chart courtesy of MarketWatch.com] Moving the Markets After an early slide, the major indexes managed to do a repeat pattern of what we’ve seen for the last year or so and that is to slowly crawl back to conquer the unchanged line. Today was no different, as worries about the complexity of the new tax code, concerns over deficits and …
Dow Snaps Losing Streak; Smallcaps Notch Record Close
[Chart courtesy of MarketWatch.com] Moving the Markets At least according to today’s performance, much confidence was given to Trump’s advertised sweeping tax reform, as the Russell 2000 notched not only a record close but also showed its biggest gain since the election. Strangely enough, the Fed’s Bullard came out and jawboned that “equity valuations may be stretched,” making me wonder …