[Chart courtesy of MarketWatch.com] 1. Moving The Markets U.S. stocks fell today, erasing most of the S&P 500’s year-to-date gain, as banking and technology stocks led the selloff. The S&P 500 lost 0.19%, the Dow dipped 0.03% and the Nasdaq Composite dropped 0.54%. The S&P was able to remain above 1,840 though, which has become a benchmark support level recently. …
Stocks Start The Week On A Down Note; Tech And Healthcare To Blame
[Chart courtesy of MarketWatch.com] 1. Moving The Markets U.S. stocks took a tumble today, with the Nasdaq realizing its biggest daily percentage drop since early February, as some of the market’s recent best performers like technology and biotech shares led the way down. Weakness in the health care sector (XLV) also dragged the U.S. stock market lower. Pharmaceuticals got spanked …
ETF/No Load Fund Tracker Newsletter For Friday, February 21, 2014
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2014/02/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-02202014/ ———————————————————— Market Commentary Friday, February 21, 2014 WEEK IN REVIEW [Chart courtesy of MarketWatch.com] 1. Moving The Markets Friday ended the week on a bit of a sour note given that markets had performed relatively well for the last few days. Today, Priceline (PCLN) …
Nasdaq Is Streaking Again; Cold Weather Still Drawing Bulls To Gas And Oil
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks edged a bit higher today. The Dow lagged the other leading indexes, weighed down by Coca-Cola (KO) after reporting weak Q4 results; the Nasdaq, however, rose to 13-year highs amid an eighth straight session gain, which it has not experienced since July 2013. Tesla Motors Inc (TSLA) hit an all-time high …
Bouncing Back
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Markets made a soft rebound today after closing in the red yesterday. The Dow was up 0.57%, The S&P up 0.61% and the Nasdaq up 0.35% Apple (AAPL) took a big hit today falling 8% after it released its Q4 numbers. AAPL volume was nearly triple the daily average as investors did …
J.C. Penny Layoffs; India To Construct World’s Largest Solar Plant
[Chart courtesy of MarketWatch.com] 1. Moving The Markets One of the biggest news items today was that J.C. Penny (JCP) announced (just after the market closed) it will be closing 33 stores and cutting 2,000 jobs. The cuts will essentially result in cost savings of about $65 million according to Chief Executive Mike Ullman. The stock was down 0.86% today and …