[Chart courtesy of MarketWatch.com] 1. Moving the Markets 2016 has been awful so far for the bulls, with the Dow logging its worst three-day stretch in a new year since the financial-crisis days of 2008. All major indexes closed at least 1.15% lower today and there were no signs of a change to come. Some news agencies are blaming the …
Markets Can’t Keep The Momentum Going
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks fell as Wall Street failed to extend Friday’s strong jobs-fueled rally, and a drop in oil prices helped push energy stocks sharply lower. U.S. benchmark crude fell 26 cents to $59.13 a barrel and shares of ExxonMobil (XOM) dropped 1.7% and Chevron (CVX) fell 1.2% accordingly. In M&A news, today we …
ETF/No Load Fund Tracker Newsletter For May 1, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/04/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-04302015/ ———————————————————— Market Commentary STOCKS POST STRONG MAY ENTRANCE, BUT CLOSE WEEK LOWER [Chart courtesy of MarketWatch.com] 1. Moving the Markets Equities rebounded as Wall Street kicked off May with a strong rally and the Dow recouping most of the previous day’s losses. Stocks finished …
Stocks Respond Well To Fed Minutes; Shell To Buy BG
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended up higher after the release of minutes from the Fed’s meeting in March showed policymakers were divided on the timing of the first interest rate hike. The report remained consistent, however, with Fed policymakers’ forecasts that indicate the first hike in rates since 2006 is unlikely to take place before …
Sliding Oil Prices Take The Starch Out Of Markets
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets were all peachy yesterday upon the Fed’s sentiment of keeping interest rates low for the near future. However, today was a new day and, as you know, market sentiment can change on a dime daily. Of the three major indexes, only the Nasdaq composite gained slightly. Oil seemed to be the …
Equities Continue To Rally On Jump In Oil Prices
[Chart courtesy of MarketWatch.com] 1. Moving the Markets February is so far proving to be a healthy antidote to a dismal start to 2015. The market gains continued today on top of Monday’s strong rally as the Dow jumped almost 200 points, putting its two-day total to 501 points. That’s the best two-day gain for the blue-chip index since Jan. …
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