[Chart courtesy of MarketWatch.com] Moving the markets As I pointed out yesterday, Facebook’s (FB) horrific earnings report and news of further revenue deceleration for the second half of this year did spread to the Nasdaq, which stumbled and surrendered most of yesterday’s gains. Not only did FB end up losing $123 billion of its market cap, insider trading rumors are …
Nasdaq Gets Bruised Again
[Chart courtesy of MarketWatch.com] Moving the Markets The trading day started out on a sour note with the major indexes heading south as tech weakness dragged all sectors down for the second day in a row. Things stabilized mid-day, after which we headed south again, but the usual last hour ramp kept losses to a minimum for the Dow and …
Markets Get Hit By Deutsche Bank Concerns; Amazon Getting Intelligent
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended lower today after reports surfaced that some hedge funds were cutting their exposure to Germany’s Deutsche Bank (DB), a move which raised fears that some clients are leery about doing business with the European banking giant. Did a bank run begin? While it’s too early to tell, the denial by DB’s John …
ETF Tracker Newsletter For August 19, 2016
ETF Tracker StatSheet ————————————————————- https://theetfbully.com/2016/08/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-08182016/ ———————————————————— Market Commentary MARKETS SLIPPING WHILE OIL IS GUSHING HIGHER [Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. markets closed lower today to finish the week as traders appeared slightly anxious about the possibility of an earlier-than-expected Federal Reserve interest-rate hike. It seems that comments from senior Fed officials in recent days suggest a …
ETF/No Load Fund Tracker Newsletter For May 6, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/05/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-05052016/ ———————————————————— Market Commentary MEDIOCRE FINISH TO A CHOPPY WEEK [Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks were lower for the third week in a row as renewed concerns regarding global growth prospects have put pressure on investor sentiment. Additionally, recent domestic economic data has not been as robust as many had …
ETF/No Load Fund Tracker Newsletter For April 29, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/04/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-04282016/ ———————————————————— Market Commentary RUNNING OUT OF STEAM [Chart courtesy of MarketWatch.com] 1. Moving the Markets Coming off one of the worst day for stocks since early February, domestic shares were under pressure again today. Investors have been reacting to mixed earnings reports and maybe, just maybe, the realization is sinking in that the …