[Chart courtesy of MarketWatch.com] 1. Moving The Markets It was a lively day in the stock market today with equities making a major rebound from the disappointing performance so far this week. In fact, the major indexes nearly regained all of the losses since the start of the week. Until today, the markets were subdued by emerging market turbulence alongside …
Equity Markets Drop Again; Gold Glitters
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The Fed announced today that it will reduce its monthly bond buying plan by an additional $10 billion, despite signs of turmoil across emerging markets recently. The announcement added volatility to the markets today and thus global and domestic equity markets fell accordingly as the chart above shows. Boeing Co. (BA) led …
Bouncing Back
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Markets made a soft rebound today after closing in the red yesterday. The Dow was up 0.57%, The S&P up 0.61% and the Nasdaq up 0.35% Apple (AAPL) took a big hit today falling 8% after it released its Q4 numbers. AAPL volume was nearly triple the daily average as investors did …
Developing Country Worries? Never Fear, The U.S. Is Here!
[Chart courtesy of MarketWatch.com] 1. Moving The Markets There was not much good news from the markets today, but not much terrible news either. It seems that fearful investors are selling off equities worldwide due to shaky economies and plunging currencies in the developing world. While the sell-off in the U.S. has not been as notable as in Europe or …
ETFs/Mutual Funds On The Cutline – Updated Through 01/24/2014
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 311 (last week 325) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Will US Equities Outperform Bonds In 2014?
The latest manufacturing data out of China, which showed a contraction, was enough to take global equity markets down Friday, said Mark Eibel, Director of Client Investment Strategies at Russell Investments. The US earnings season has been pretty mixed and even a strong manufacturing reading out of Europe was not good enough to change the downbeat tone for the day, …