[Chart courtesy of MarketWatch.com] 1. Moving the Markets Wall Street shares dipped lower on the final trading day of August, a month that has been void of market scares, as traders look ahead to a key jobs report Friday and a Federal Reserve decision on interest rates in late September. Both the S&P 500 and Dow ended the month basically …
Oil Trips And Market Slips; Apple Back In The News
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Equities ended a bit lower Tuesday after starting off in positive territory as investors digested news that Apple could owe back taxes in Ireland and continued to focus on what the Federal Reserve’s next move on interest rates might be as Friday’s key jobs report looms. Wall Street continues to waver on …
Slightly Higher—But Speculation Still Looms
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks closed higher Monday and the Dow broke a 3-day losing streak, even as investors continue to calculate the odds of a (potential) Federal Reserve interest-rate hike later this year. Much of the focus throughout Wall Street has remained on the trajectory of interest rates, which have not increased for eight …
One Man’s Opinion: Central Banks Are Terrified… But of What?
by Phoenix Capital A quick question for the “recovery” enthusiasts… If the recovery is real and as strong as the “data” suggests… why are Central Banks engaged in the most aggressive stimulus in history? Consider Europe. According to the official data, the EU’s Services and Manufacturing PMI’s were 53.1 and 51.8 in August. Both were significantly above 50 (which represents …
ETFs On The Cutline – Updated Through 08/26/2016
Below please find the latest High Volume ETF Cutline report, which shows how far above or below their respective long-term trend lines (39 week SMA) my currently tracked ETFs are positioned. This report covers the HV ETF Master List from Thursday’s StatSheet and includes 366 High Volume ETFs ETFs, defined as those with an average daily volume of more than …
ETF Tracker Newsletter For August 26, 2016
ETF Tracker StatSheet ————————————————————- https://theetfbully.com/2016/08/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-08252016/ ———————————————————— Market Commentary YELLEN SPEAKS, BUT WAS ALREADY PRICED IN [Chart courtesy of MarketWatch.com] 1. Moving the Markets As I have been stating throughout the week, one of the main market moving events that was on deck has been an anticipated speech from Janet Yellen, which took place today. The speech was well-received and did …