Tag Archives: XLE

Nasdaq Pumps And Energy Dumps

[Chart courtesy of MarketWatch.com]  Moving the markets It was a tug-of-war between bulls and bears with the major indexes vacillating back and forth above and below their respective unchanged lines. In the end, only the Nasdaq managed to show a … Continue reading

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Lack Of Tax-Overhaul Progress Whacks Sentiment

[Chart courtesy of MarketWatch.com] Moving the Markets While the major indexes suffered their biggest one-day percentage drops since September, as MSM reports, we have to remember that, when looking at the entire 2017 YTD performance, today’s 0.5% pullback is hardly … Continue reading

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Late Buying Pushes Markets Into Record Territory

[Chart courtesy of MarketWatch.com] Moving the Markets The respective unchanged lines appeared to be the magnet for the major indexes throughout most of the session, as they bounced above and below it until late buying pushed them into the green … Continue reading

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Energy Rebound Assists Equities

[Chart courtesy of MarketWatch.com] Moving the Markets The markets were in rally mode, albeit modest, right after the opening bell and never looked back with the S&P 500 gaining +0.31%. Contributing to today’s bullish mood was some de-escalation with N. … Continue reading

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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 … Continue reading

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Struggling For Direction

[Chart courtesy of MarketWatch.com] Moving the Markets Crude oil along with the energy sector continued its slippery slide with XLE giving back -1.61%, while Crude Oil (WTI) crashed -2.53% to a $42 handle, which is its lowest since last August. … Continue reading

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