Tag Archives: SPX

Solid Relief Rally Wipes Out A Chunk Of Yesterday’s Losses

[Chart courtesy of MarketWatch.com] Moving the markets While the initial morning rebound faded mid-day, buyers stepped in subsequently and pushed the major indexes out of the doldrums and into a solid green close. Helping matters was China stabilizing the problem … Continue reading

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China Retaliates—Global Markets Get Clobbered—Stocks Plunge Most In 2019

[Chart courtesy of MarketWatch.com] Moving the markets The basic law of physics tells us that any ‘action’ is followed by an equal or greater ‘reaction.’ This became very clear today when, after Trump’s threat of additional tariffs last week, the … Continue reading

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ETF Tracker Newsletter For August 2, 2019

ETF Tracker StatSheet           You can view the latest version here. STARTING AUGUST IN A SEA OF RED [Chart courtesy of MarketWatch.com] Moving the markets Equities spent most of their day surrounded by a sea of red, thanks in part … Continue reading

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The Circus Continues: When Terrible News Is Good News; And Bad News Is Bad News

[Chart courtesy of MarketWatch.com] Moving the markets Sometimes you just have to laugh out load. Today was such a day, as data showing that US Manufacturing dropped to its weakest in 10 years, or more specifically since September 2009. One … Continue reading

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Fed Cuts Rates But Disappoints Wall Street—Markets Tank

[Chart courtesy of MarketWatch.com] Moving the markets The Fed did what was expected by cutting interest rates by 0.25% for the first time in 11 years. Of course, on Wall Street, expectations don’t mean much, unless you beat them. The … Continue reading

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Slumping On Weak Earnings

[Chart courtesy of MarketWatch.com] Moving the markets While the major indexes recovered form an early session dump, they pretty much repeated yesterday’s theme by slipping and sliding below the unchanged line without much directional conviction. A mixed earnings picture today, … Continue reading

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