[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets were all peachy yesterday upon the Fed’s sentiment of keeping interest rates low for the near future. However, today was a new day and, as you know, market sentiment can change on a dime daily. Of the three major indexes, only the Nasdaq composite gained slightly. Oil seemed to be the …
Markets Bullish On Fed Sentiment; Windows 10 This Summer?
[Chart courtesy of MarketWatch.com] 1. Moving the Markets In a statement, the Fed, as expected, did drop its promise to be “patient” as it weighs interest rate hikes. Still, investors reacted bullishly to the suggestion that rate hikes were not baked in for June either, as feared, which potentially pushes out the first rate hike even later in the year. …
Markets Lower Anticipating Fed Meeting
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The Fed kicked off their two-day meeting today. Of course, the hot topic of late is whether or not they will raise interest rates in the near future. The general consensus around the news today is that the Fed is likely to announce that they will remain patient over the next couple …
Markets Fly High On Fed Speculation
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets soared higher today ahead of a two-day Federal Reserve meeting beginning tomorrow that may set the stage for the first U.S. interest rate hike since the global financial crisis. In economic news, a growing number of investors expect the U.S. central bank to raise its benchmark interest rate sooner than anticipated …
ETFs/Mutual Funds On The Cutline – Updated Through 03/13/2015
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 410 ETFs, of which currently 237 (last week 246) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Are Europe And Japan Likely To Give Better Returns In 2015?
The Federal Reserve didn’t drop the word “patient” from its latest forward guidance because it wanted to give itself the maximum flexibility, said David Joy, chief market strategist at Ameriprise Financial. The Fed is likely to see three additional months of labor data and if the dollar strengthens amid slumping inflation and falling unemployment rate. They are likely to give …