[Chart courtesy of MarketWatch.com] This morning, the market showed choppy behavior, as traders attempted to adopt bullish sentiment following yesterday’s pullback, which saw major indexes relinquish their record highs. I expected the atmosphere of uncertainty to persist, driven by the ongoing earnings season and the upcoming presidential elections, both contributing to a “nervous” environment. This week’s earnings reports have been …
Indexes Poised For Positive September Finish Despite Volatility
[Chart courtesy of MarketWatch.com] The major indexes began the session without clear direction, hovering around their unchanged lines. However, they seem poised for a positive finish to this volatile month of September. Stock performance was mixed. Hewlett Packard rose over 4% following an upgrade, while Germany’s SAP fell more than 2%, and General Motors dropped nearly 6% after a downgrade. …
ETF Tracker Newsletter For September 20, 2024
ETF Tracker StatSheet You can view the latest version here. GOLD HITS NEW RECORD HIGH, BITCOIN RALLIES TO 1-MONTH HIGHS [Chart courtesy of MarketWatch.com] After yesterday’s significant rally, which followed Wednesday’s sudden midday reversal, the markets cooled off today, entering a consolidation phase due to the largest September option expiration on record. Despite traders’ enthusiasm about the Fed’s aggressive …
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 …
ETF Tracker Newsletter For July 21, 2017
ETF Tracker StatSheet https://theetfbully.com/2017/07/weekly-statsheet-etf-tracker-newsletter-updated-07202017/ LOWER ON THE DAY BUT HIGHER ON THE WEEK [Chart courtesy of MarketWatch.com] Moving the Markets The major indexes, especially the Nasdaq, made a valiant effort to dig themselves out of an early hole in an attempt to conquer the unchanged line in order to keep the 10 day winning streak alive. Traders were “stunned” when …
Nasdaq Continues Ascent Into Record Territory
[Chart courtesy of MarketWatch.com] Moving the Markets The major indexes limped around their respective unchanged lines all day with only the Nasdaq crawling above it and in the process setting another record close (10 up days in a row). Another soft economic data point disappointed as the Philly Fed survey missed expectations and slumped to its lowest point since November …