[Chart courtesy of MarketWatch.com] 1. Moving the Markets The major indexes fluctuated throughout the day, but there was no conviction in either direction, so the S&P 500 ended down a scant 0.05%. Same with the Dow, however, the Nasdaq managed to edge into plus territory by a meager 0.12%. The early rally did not hold, and we spend the remainder …
Equities Close Slightly Lower; Verizon To Buy AOL
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Major U.S. stock indexes closed slightly lower after recouping much of an early slump. The slide was brought on, in part, by a troubling rise in global long-term borrowing rates. The price of oil closed above $60 a barrel for just the third time this year, giving a boost to energy stocks. …
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 8, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/05/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-05072015/ ———————————————————— Market Commentary STOCKS REALIZE SOLID END TO A BUSY WEEK [Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks staged a strong rally Friday as the government reported that job gains rebounded in April. This allowed investors to breathe a sigh of relief, …
It Was All About Tech Today
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks gained today with the Dow climbing 82 points as investors shook off growing concerns about overvalued stocks and rising interest rates. Markets broke a 2-day losing streak; however, the mood remained cautious after comments by Janet Yellen Wednesday that suggested stocks are generally overvalued. Lady Yellen said market valuations were generally …
Markets Turn South After Early Morning Gains
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks pared back early gains to close in the red across the board. Rising interest rates and oil prices appeared to be the culprits today. Oil dragged markets lower today as prices jumped above $61 a barrel. The U.S. benchmark rose 2.1% to $61.65 on the New York Mercantile Exchange, as concerns …