Tag Archives: XLE

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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ETF Tracker Newsletter For June 9, 2017

ETF Tracker StatSheet http://www.theetfbully.com/2017/06/weekly-statsheet-etf-tracker-newsletter-updated-06082017/ Tech Gets Slammed; Dow Closes In The Green [Chart courtesy of MarketWatch.com] Moving the Markets Something changed in the markets today. All was well until late morning, with SmallCaps continuing their explosion, when suddenly momentum changed … Continue reading

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Energy Provides Support For The Bulls

[Chart courtesy of MarketWatch.com] Moving the Markets Finally, the energy sector showed some signs of life with the widely followed XLE gaining +1.3% for the day while barely crawling back above its 200-day M/A by a fraction. XLE has been … Continue reading

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