[Chart courtesy of MarketWatch.com] 1. Moving The Markets The major indexes meandered with the Dow coming off its record high as worries about the Fed reducing its stimulus program sooner rather than later. Atlanta Fed president Lockhart threw the fly in the ointment by proclaiming that the central could cut back its bond buying program as soon as December while …
The Dow Makes Us Bow Again
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The Dow Jones has exceeded expectations once again as it rose to another all-time high today. It seems investors are “hanging 10” on the wave of momentum that the surprisingly strong U.S. jobs report created last Friday. This is a hard pill to swallow as we near year-end, because all-time highs like …
Markets Turn Red, But Twitter Stays Ahead
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Markets tumbled the most in a month as soft consumer spending growth in the third-quarter raised questions about the overall strength of the economic recovery. The BetaPro MSCI Emerging Markets Bull+ & Bear+ ETF shares are currently trading down about 3.3% on the day. Overshadowing disappointing headlines was Twitter’s more than 70% …
Index ETFs Maintain Upward Bias
[Chart courtesy of MarketWatch.com] 1. Moving The Markets European equities headed higher supported by strong readings on factories and hopes that the ECB may take additional easing steps. That proved to be a springboard for the domestic indexes which, after an early rally, pulled back and then slowly inched their way higher with the DIA reaching a closing high. Again, …
Bonds Drop As Index Leaders Play Musical Chairs
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Emerging-market stocks dropped to a one-month low, led by Turkish equities, on concern that a slower expansion in the euro area will crimp global growth. While Bond ETFs have risen from the dead, they still are hovering below their long-term trend lines and are not in a buy mode at this time. …
Keeping The Bull Alive
[Chart courtesy of MarketWatch.com] 1. Moving The Markets U.S. stocks rose, after the S&P 500 Index climbed for four straight weeks, as Exxon Mobil Corp. and U.S. Steel Corp. led a commodity rally while investors awaited data on employment and economic growth. All major indexes gained as the chart above shows. About 5.7 billion shares changed hands, the slowest trading …