[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets moved higher to start the week, led by a batch of strong corporate earnings reports and positive news from Europe. Most sectors posted gains, even energy despite the fact that oil prices were down today. Oil dropped about 22 cents to settle at $58.93 a barrel on the NYME. Earnings season …
Equities Snap Two-Day Losing Streak; Bye Bye Nook Biz
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks snapped a two-day losing streak despite the anticipated news that the economy shrank 2.9% in the first quarter. The S&P 500 gained 0.5%, the Dow rose 0.3% and the Nasdaq posted the largest gain of 0.68%. The general sentiment about the lackluster first quarter mostly relates to the ‘arctic’ winter that …
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) …
Comcast Acquires Time Warner; New Gold ETFs Keep Surfacing
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Big news for Comcast and Time Warner Cable today. Comcast (CMCSA) agreed to acquire Time Warner Cable (TWC) for $45.2 billion in stock. The closing of this deal essentially combines the two largest U.S. cable companies and creates a major obstacle for competition from phone and satellite providers. Time Warner Cable’s stock …