[Chart courtesy of MarketWatch.com] 1. Moving the Markets We had hope last Friday that markets were back on track, but those hopes faded late in the trading day today. Stocks closed slightly lower across the board Monday with the tech sector leading the decline It has become apparent over the past couple of weeks that, apart from global conflicts, many …
Stocks Break Three-Day Losing Streak
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Finally, investors were able to get a slight sigh of relief today, not because markets showed big gains, but because there were no major losses. The S&P 500 ended the day flat, the Dow dropped 0.02% and the Nasdaq moved higher 0.18%. Small caps and energy stocks were the heroes of the …
Stumbling Lower; Domestic TTI Remains On The Plus Side
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The markets turned into a black diamond ski slope with only one way to go: Lower. The major indexes all surrendered some of their yearly gains with XLY, last year’s big winner, actually dipping into the negative YTD. Today’s downside acceleration confirmed yesterday’s international Sell signal, with the International Trend Tracking Index …
No Market Turn-Around For The Month Of September; International TTI In Bear Market Territory
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Well, we can check this month off as the worst for the markets since January. The S&P 500 finished the month down just over 1.5%, the Nasdaq dropped 1.9% and the Dow ended down 0.3%. It seems that throughout the month stocks have been hurt by conflict abroad, in places like Ukraine, …
Markets Pull Back; Rattled By Hong Kong Protests
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Pro-democracy protests in Hong Kong shook the markets today. As if investors didn’t have enough global conflicts on their plate already. The Hong Kong protest is the latest geopolitical stir to snag Wall Street’s attention, and cause investors to pare back their risk-taking. Last week, U.S. markets went on a volatile ride …
Markets Move From Feast To Famine—International TTI Slips Into Bear Market Territory
[Chart courtesy of MarketWatch.com] 1. Moving the Markets In an about face from yesterday’s dead-cat-bounce, stocks took a big hit today. Losses across the board were the worst slide in two months. The Dow dropped 1.53%, the S&P 500 fell 1.62% and the Nasdaq trumped all with a 1.94% tumble. Apple (AAPL) was the culprit in the tech stocks’ decline, …