[Chart courtesy of MarketWatch.com] Moving the markets The Dow’s 5-day win streak came to an end today, as all 3 major indexes hit the skids and meandered below their respective unchanged lines throughout the session. Trade war talk came to life suddenly and threatened bullish sentiment when Trump mentioned “tremendous retribution” not against China but this time against the European …
Inching Up Ahead Of Summit
[Chart courtesy of MarketWatch.com] Moving the markets Market activity happened above the unchanged line today with the major indexes vacillating in bullish territory, where they closed, despite fading in the last few minutes. The reason for the late slip was nervousness about the highly anticipated summit between Trump and N. Korea’s Kim Jong Un scheduled for tomorrow. 8 of the …
Hanging On To The Unchanged Line
[Chart courtesy of MarketWatch.com] Moving the markets The Dow was the weakling of the day as IBM got spanked at the tune of -7.53%, which equaled a loss of 84 points on the Dow. We had a positive opening, followed by a dump and pump and a soft slide into the close with 2 out the three major indexes managing …
ETF Tracker Newsletter For April 13, 2018
ETF Tracker StatSheet https://theetfbully.com/2018/04/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-04-12-2018/ ENDING THE WEEK WITH A WHIMPER [Chart courtesy of MarketWatch.com] Moving the markets The major indexes came under pressure and surrendered early gains as initial reads on the upcoming earnings season disappointed. Expectations have been high about corporate performance maybe in part due to the fact that geopolitical anxieties have painted a distorted picture. While three …
Military Tensions Weaken—Markets Rally
[Chart courtesy of MarketWatch.com] Moving the markets The tug-of-war continued today as talk, that a strike on Syria may not be immediately in the cards, de-escalated tensions and giving a bullish assist to equities. The 3 major indexes scored solid gains after yesterday’s losses. Six out of the eleven primary S&P sectors gained led by Financials (XLF +1.75%) with Semiconductors …
Snap-Back Rally Propels Equities Higher
[Chart courtesy of MarketWatch.com] Moving the markets The much feared wave of selling that dominated last week came to a sudden end when the major indexes opened higher, pulled back slightly and then rocketed into the close thereby recording their largest one-day percentage gains since the middle of 2015. The bulls finally showed signs of life supported by reports that …