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ETF Watchlist: Week Of July 31, 2017

Boeing (BA) powered the Dow to a more than 1% gain this past week thanks to a strong second quarter earnings report that included raised guidance for the remainder of 2017. The other major averages were largely unchanged overall, although Thursday saw a big intraday drop in tech stocks. The Dow and S&P 500 are now up more than 10% on the year with the Nasdaq still up an impressive 18%.

Washington once again dominated the headlines with the late night failed attempt by the Senate to repeal parts of the Obamacare law taking center stage. The financial markets seemed to largely take things in stride, a common theme for the last several months. Even in light of events surrounding Russia, China and North Korea, the markets have remained stoic.

In other news…

  • Washington once again dominated the headlines with the late night failed attempt by the Senate to repeal parts of the Obamacare law taking center stage. The financial markets seemed to largely take things in stride, a common theme for the last several months. Even in light of events surrounding Russia, China and North Korea, the markets have remained stoic.
  • The quarterly Fed meeting saw interest rate left unchanged, as expected...

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