[Chart courtesy of MarketWatch.com] Moving the Markets If you viewed Wednesday’s market ramp with the benefit of hindsight by looking at today’s losing session, it would appear that yesterday was a blow-off top; or so it seems. There was nothing positive surrounding equities, which ended up down for the day but, considering that the VIX at the lows had jumped …
Dollar Dumps As Nasdaq Jumps
[Chart courtesy of MarketWatch.com] Moving the Markets In a total reversal from yesterday, equities jumped right after the opening bell and never looked back in an attempt to recover Tuesday’s losses, a feat which was largely accomplished with the S&P posting its biggest one-day gain in a couple of months. Economic data points did not assist in today’s ramp as …
Nasdaq Gets Whipped And Bonds Get Clipped
[Chart courtesy of MarketWatch.com] Moving the Markets There simply weren’t any news reports positive enough to keep the major indexes above the unchanged line. First, it was the Fed and its mouthpieces pretty much talking down the markets. ZH summed it up as follows: Yellen – “We have been in an economy with low interest rates for some time, and …
Skidding Off The Highs
[Chart courtesy of MarketWatch.com] Moving the Markets It was another roller coaster session with the major indexes ramping higher right out of the gate, only to see early gains evaporate, as Dow ended a string of daily losses at four, but only by the tiniest of margins. So did the S&P 500, but the Nasdaq stumbled and closed the day …
ETF Tracker Newsletter For June 23, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/06/weekly-statsheet-etf-tracker-newsletter-updated-06222017/ EKING OUT A TINY GAIN [Chart courtesy of MarketWatch.com] Moving the Markets Another roller coaster day ended just about at the unchanged line for the Dow with the S&P 500 and Nasdaq managing to climb back into positive territory. For the week, the story was very similar with only the Nasdaq scoring a newsworthy gain of …
Early Decline; Mid-Day Rally; Slumping Into The Close
[Chart courtesy of MarketWatch.com] Moving the Markets It was another session that ended in a mixed close with the major indexes giving up their hard fought mid-day gains, as they slumped into the close with only the S&P 500 showing a tiny gain of +0.04%. SmallCaps did better as both, domestic and international ones, managed to eke out +0.38% and …