[Chart courtesy of MarketWatch.com] 1. Moving the Markets Investors remained largely on the sidelines today, with sell-offs occurring throughout the markets in general. The S&P 500 barely gained 0.01%, the Nasdaq rose 0.05% and the Dow squeezed out a 0.08% gain. Time Warner (TMX) reported Wednesday that its second quarter net income rose 10% to $850 million as the robust …
International Tensions Push Equities Lower; International TTI Close To A Sell
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks closed lower with all 10 S&P 500 sectors losing. Energy was the biggest S&P 500 loser on the day, dropping 2.1%. Ukraine tensions were mostly to blame throughout headlines, as we heard today that Russian troops were massing near the Ukraine border. Groupon Inc. (GRPN) fell 16% in after-hours trading. The …
08-05-2014
The ETF/No Load Fund Tracker Monthly Review—July 31, 2014 Some US Indexes Slide Into Negative Territory In July; Europe Follows Suit US equities finished July lower as a combination of disappointing economic news, drab corporate earnings and geopolitical tensions took its toll on investor sentiment, triggering a broad selloff in equities. The Dow Jones Industrial Average ended the month 1.6 …
Equities Attempt To Recover; New Macbook Pros Anyone?
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks recovered a bit from some of the losses that were suffered last week. Investors were encouraged by positive corporate earnings announcements, including Berkshire Hathaway (BERK). The S&P 500 posted a 0.72% gain, the Dow rose 0.46% and the Nasdaq also added a 0.72% gain on the day. In tech news, Apple …
ETFs/Mutual Funds On The Cutline – Updated Through 08/01/2014
Below are the latest ETF Cutline reports, which show how far above or below their respective long-term trend lines (39 week SMA) my currently tracked ETFs/MFs are positioned. The first report covers the ETF Master List from Thursday’s StatSheet and includes 398 ETFs, of which currently 297 (last week 362) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Will The Fed Change Its Course After The Latest Nonfarm Payroll Report?
The July payroll report showed the economy added 209,000 jobs for the month. A number that close to economists’ forecast of a 230,000 jobs gain indicates it is in-line with expectations and the street shouldn’t really be disappointed, particularly as job gains for May were revised upwards to 298,000. However, the lack of growth in the average earnings-hour is a …