[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks staged a strong afternoon rally and closed higher today as the major indexes broke a two-day losing streak. Utilities led the way for the S&P 500, as all ten sectors of the index posted gains. In tech news, shares of Alibaba (BABA) plunged 8.5% after the Chinese Internet giant reported revenue …
Fed Commentary Takes Starch Out Of Upward Momentum
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks took a dive today, ending another wild ride with a plunge deeper into the red after the Federal Reserve’s latest policy statement. The Federal Reserve gave no indication today that it would stand down from plans to raise interest rates this year, noting that it expects unusually low inflation to gradually …
Markets End Lower, But Not Without Hope From Economy And Airlines
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Major indexes ended lower today. However, not without seeing a blue sky. Yahoo shares rallied 6% after the company said it would spin off its remaining holdings in Alibaba into a separate entity. Stock in the new investment company created by the tax-free move, SpinCo, will be distributed to Yahoo shareholders. Speaking …
Stocks Borderline, But Positive To Begin The Week
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended higher Monday, with the Dow basically flat, as investors grappled with the consequences of a victory for Greece’s anti-austerity Syriza party in general elections. In corporate news, Microsoft (MSFT) shares dipped slightly today, even after the software giant reported a spike in revenue and profits in line with analyst estimates. …
ETF/No Load Fund Tracker Newsletter For January 23, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/01/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-01222015/ ———————————————————— Market Commentary Friday, January 23, 2015 A DISAPPOINTING FINISH TO A FRUITFUL WEEK [Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended lower today but higher on the week, led primarily by the technology sector. Pushing markets higher in general was news …
S&P 500 Ends Up On The Plus Side YTD
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Today’s rally shifted into overdrive this afternoon as the ECB announced their widely anticipated stimulus program in form of expanded asset purchases at the tune of some $60 billion per month until at least through September 2016. The markets were expecting a shock-and-awe type of plan, so this was good news. Whether …