Tag Archives: IYT

An Early Rally Fizzles As Bond Yields Rise

[Chart courtesy of MarketWatch.com] Moving the markets The session started out with the bullish sentiment intact from yesterday’s rebound but ended with the bears taking over causing the major indexes to close at the lows of the day. The cause … Continue reading

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Uncertainty Reigns Ahead Of Jobs Report

[Chart courtesy of MarketWatch.com] Moving the markets It was another roller coaster ride with the indexes vacillating around their unchanged lines. A nice mid-day rally fizzled out and accelerated to the downside in the last hour when dip buyers stepped … Continue reading

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Whip-Saw Day Keeps Dow & S&P In The Green

[Chart courtesy of MarketWatch.com] Moving the markets Treasury secretary Mnuchin’s remarks pushed the dollar (UUP) even lower, but in the end, the day was saved by President Trump stepping in with the soothing words that Mnuchin’s statement was taken out … Continue reading

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One Man’s Jawboning Drags Down Markets; US Dollar Gets Clobbered

[Chart courtesy of MarketWatch.com] Moving the markets Things looked pretty hunky dory after the opening with the major indexes storming again into record territory. Then the hammer came down in form of Commerce Secretary Ross’s comments. Bloomberg reported as follows: … Continue reading

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Hitting The Pause Button

[Chart courtesy of MarketWatch.com] Moving the markets The major indexes started the day in negative territory, recovered and moved briefly above the unchanged line but then sold off into the close resulting in minor losses.  While the Dow managed to … Continue reading

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Picking Up Speed And Knocking Out More Milestones

[Chart courtesy of MarketWatch.com] Moving the markets Yesterday’s pull-back proved to be ephemeral when considering the runaway train the major indexes resembled today. Looking at the chart above, it was about as straight of an ascending line as you can … Continue reading

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