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 …
Stocks Fall From Intra-Day High
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended mixed after a short-lived bump, caused by the release of the minutes from the last Federal Reserve meeting, which showed a June rate hike was unlikely. Federal Reserve policymakers said last month that they were unlikely to raise interest rates in June because of the economy’s recent sluggish performance, according …
Markets Move Lower; No Good News From Greece
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets shifted lower today amidst mixed domestic data, higher bond yields and (believe it or not) renewed concerns over Greece. After a myriad of budget cuts, a million lost jobs, 250,000 closed businesses and nearly 240 billion euros ($267 billion USD) in rescue loans, the country is once again on the brink …
A True “Hump Day” Of Ups And Downs
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks closed lower as investors digested weaker-than-expected economic growth and the latest statement from the Federal Reserve that indicated policymakers were still grappling with when to begin raising interest rates. Continuing with Fed matters, The Federal Reserve gave a slight signal today that it could raise interest rates at any meeting, opening …