[Chart courtesy of MarketWatch.com] 1. Moving the Markets An early follow through rally from yesterday ran into resistance despite strong earnings from Wal-Mart and Home Depot. Falling oil prices and the evacuation of a soccer stadium in Germany, rekindling more terror fears, proved to be too much of a negative. Other data offered a mixed view of the U.S. economy …
Markets Bounce Back After Shaky Week
[Chart courtesy of MarketWatch.com] 1. Moving the Markets I received a number of emails from readers over the weekend being glad to be out of the market especially in view of the sudden tragic events in France. The general theme was that the indexes would take another hit, but that was not to be. While the futures pointed to a …
Swimsuits Necessary As Markets Go Underwater; Domestic TTI In Bearish Territory Again
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks tumbled during an ugly session as the Dow dropped and the S&P 500 slid back into the red for the year. A sharp drop in oil prices were the partial culprit for today’s decline. Energy shares led the decliners for a second straight day as oil prices tumbled again after a …
A Quiet And Mixed Tuesday
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Today was a relatively lackluster scene on Wall Street, wherein the Nasdaq finished a bit lower and the S&P 500 and Dow a bit higher. Apple (AAPL) moved markets a bit early on in the day, shortly after a report was released from Credit Suisse which hinted that the company has decreased …
Stocks Slide To Begin The Week; Q3 Earnings Still Not Impressive; Domestic TTI Slips And Touches Its Trend Line
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks slipped to kick off a new week of trading. It seemed as if investors are adjusting their portfolios for a likely interest rate hike from the Fed in December after an allegedly strong reading on jobs growth in October. All indexes fell about 1% on the day. With third quarter earnings …
Equities Directionless Before Jobs Report
[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was a see-saw kind of day with no clear direction, as tomorrow’s looming jobs report kept traders on edge. We saw small gains and small losses before settling slightly below the unchanged line. On the horizon continues to be the “will they or will they not” scenario about a possible rise …