ETF Tracker Newsletter For May 15, 2020

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ETF Tracker StatSheet           You can view the latest version here. A DOWN WEEK ENDS IN THE GREEN [Chart courtesy of MarketWatch.com] Moving the markets Another rollercoaster day, which had equities tumbling into the red after the opening bell but, as if by magic, an afternoon ramp pushed major indexes back to a green close. Nevertheless, we saw their worst …

ETF Tracker Newsletter For May 8, 2020

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ETF Tracker StatSheet           You can view the latest version here. MARKETS RALLY ON HORRIFIC ECONOMIC DATA [Chart courtesy of MarketWatch.com] Moving the markets See if this makes sense to you. Today’s data released by the U.S. Labor Department (BLS) showed that we now have the worst unemployment rate since the Great Depression with 14.7%, while 20.5 million are out …

ETF Tracker Newsletter For May 1, 2020

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ETF Tracker StatSheet           You can view the latest version here. STARTING MAY ON A SOUR NOTE [Chart courtesy of MarketWatch.com] Moving the markets Some reality struck the markets today, as big tech earnings disappointed and Trump threatened to pick up the tariff war with China again, supposedly for its poor handling on the Covid-19 pandemic. While MSM is still …

ETF Tracker Newsletter For April 24, 2020

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ETF Tracker StatSheet           You can view the latest version here. UP FOR THE DAY—DOWN FOR THE WEEK [Chart courtesy of MarketWatch.com] Moving the markets Despite a late-day pump to wipe out some of this week’s losses, the major indexes managed a green close for the session but ended down for the week, with the S&P 500 surrendering a modest …

ETF Tracker Newsletter For April 10, 2020

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ETF Tracker StatSheet           You can view the latest version here. MARKETS IGNORE MOUNTAINS OF BAD NEWS [Chart courtesy of MarketWatch.com] Moving the markets The creation of rumors is one of the oldest tricks in the financial playbook to send markets in a desired direction. Such was the case last night in the futures markets, when original reports that the …

ETF Tracker Newsletter For April 10, 2020

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ETF Tracker StatSheet           You can view the latest version here. Jobless Claims Surge To 17 Million—Markets Rally [Chart courtesy of MarketWatch.com] Moving the markets The shocking yet not surprising number of the day was the fact that now almost 17 million people have filed initial jobless claims—in the past 3 weeks, which implies an unemployment rate of around 13% …