[Chart courtesy of MarketWatch.com] 1. Moving The Markets The S&P 500 ended nearly flat on Thursday as investors anxiously await Friday’s jobs report, though some gains in Internet shares helped lift the Nasdaq to positive territory late in the day. The anticipated (April) jobs report, which is expected to show that U.S. employment rose at its fastest pace in five …
Dow Closes At Record Level For The First Time This Year
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Volatility was still the name of the game on this last day of April just as it has been for quite some time. All the major indexes gained while the S&P 500 managed to eke out a modest +0.64% for the month. As expected, the Fed announced a reduction of $10 billion …
Equities Continue To Climb On Positive Earnings Announcments
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks continued to move higher today, driven by continued positive earnings announcements. The major indexes climbed as the chart shows but the Nasdaq led with a gain of 0.73% on the day. Notable corporate earnings announcements, that exceeded analyst expectations included Merck & Co (MRK) and Sprint (S). Q1 profit growth for …
Market Sways—But Closes In Positive Territory
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The market swayed back and forth today, but finished in positive territory across the board with the exception of the Nasdaq. And, despite today’s intraday volatility and chaotic price action, many major market indexes are not far from all-time highs. Although markets ended up for the day, there was a notable selloff …
ETFs/Mutual Funds On The Cutline – Updated Through 04/25/2014
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 351 (last week 365) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Could China Be The Biggest Market Threat This Year?
The asset-allocation rotation that was witnessed over the past few weeks seems to be over now and the question whether that presaged something more broadly in the market investors really needed to worry about, no longer seems to be the case, said Dan Morris, global investment strategist at TIAA-CREF. It did seem to be concentrated in the stocks that had …