[Chart courtesy of MarketWatch.com] Moving the Markets An early climb back to the unchanged line unraveled all of a sudden as the markets reversed and plunged on news about Trump Jr. releasing a chain of emails alleged to have played a role of Russian involvement in the Trump Sr. election. The soap opera continued for a while but, after the …
Tech Sector Saves The Day
[Chart courtesy of MarketWatch.com] Moving the Markets The Nasdaq managed to hold on to most of its early gains, while the Dow dropped back in the red. The S&P essentially closed unchanged, as a last hour sell off contributed to turn this session into a mixed bag. Semiconductors, which we hold via SMH, fared very well by adding +1.03% while …
ETF Tracker Newsletter For July 7, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/07/weekly-statsheet-etf-tracker-newsletter-updated-07062017/ ROLLER-COASTER WEEK ENDS ON A POSITIVE NOTE [Chart courtesy of MarketWatch.com] Moving the Markets A roller-coaster week ended on the plus side with the S&P 500 squeezing out a 2 point gain after recovering from yesterday’s sell off. A better than expected jobs number supported equities with the employment report showing that 222,000 jobs (vs. 179k …
Bonds, Equities And Dollar Drop As Interest Rates Rise
[Chart courtesy of MarketWatch.com] Moving the Markets The debacle started in Europe, as ugly bond auctions in France and Spain set a negative tone for the day, which quickly spread across the Atlantic pushing US interest rates higher (and bond prices lower) while pulling equities off their lofty levels with the Nasdaq surrendering -1%. Not helping was the German Bond …
Nasdaq Outperforms; Energy Sector Gets Slammed
[Chart courtesy of MarketWatch.com] Moving the Markets It was a tale of two markets as the Nasdaq was propelled higher with semiconductors (SMH) reversing their recent downtrend by charging ahead +1.90%. The Dow closed about unchanged, while the S&P 500 managed to eke out a small gain of +0.15%. Things looked ugly in the energy sector as oil got hit …
ETF Tracker Newsletter For June 30, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/06/weekly-statsheet-etf-tracker-newsletter-updated-06292017/ HOVERING ABOVE THE UNCHANGED LINE [Chart courtesy of MarketWatch.com] Moving the Markets The Dow and S&P 500 managed to hang on to slight gains despite a last hour sell-off, which pushed the Nasdaq back into the red for the day. While the major indexes posted had a solid quarter, the month of June was problematic …