Tag Archives: Trend Tracking Indexes
ETF Tracker Newsletter For September 20, 2019
ETF Tracker StatSheet You can view the latest version here. ENDING ON A WEAK NOTE [Chart courtesy of MarketWatch.com] Moving the markets An early upturn hit the skids after a report that a Chinese delegation had canceled plans to … Continue reading
Fed Delivers Rate Cut—Stocks Fall—But Jump Into The Close
[Chart courtesy of MarketWatch.com] Moving the markets As expected, the Fed delivered the goods and cut rates by 0.25%; but stocks sold off. The reason was that the accompanying language in its statement and economic projections cast doubt not only … Continue reading
Markets Hold Steady Ahead Of The Fed’s Verdict On Interest Rates
[Chart courtesy of MarketWatch.com] Moving the markets It was a matter of treading water for most of the day, with the major indexes limping around their respective unchanged lines, until a last-minute pump pushed the indices up and into a … Continue reading
Saudi Oil Attack Pulls The Rug Out From Further Market Advances
[Chart courtesy of MarketWatch.com] Moving the markets It came as no surprise that market sentiment took one on the chin, after Saturday’s drone attack on Saudi oil processing plants, which took about 5% of worldwide production offline. While the major … Continue reading
Rally Expands—Then Runs Out Of Steam
[Chart courtesy of MarketWatch.com] Moving the markets An early rally ended up running out of steam and might have even produced a red close, but fortunately, we ran out of trading time. The initial boost came from Europe, as the … Continue reading
Slipping And Sliding Into The Close
[Chart courtesy of MarketWatch.com] Moving the markets Yesterday’s “feel good” closing ramp carried over into today’s opening, as the major indexes were getting close to test new record highs. Better-than-expected housing and manufacturing data contribute to the bullish sentiment. While … Continue reading →