[Chart courtesy of MarketWatch.com] 1. Moving the Markets The markets were back on track today as both the Dow and S&P 500 closed at record highs. The S&P 500 gained 0.5%, the Dow climbed 0.6% and the Nasdaq trumped as it gained 0.7%. As you may know, the Scotland independence debate has been all over the news and is hovering …
Edging Higher After A Dump, Pump And Dump Roller Coaster Ride
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The major indexes managed to eke out a small gain following a wild ride as a result of the Fed’s pledge to keep interest rates low for a “considerable time,” while ongoing concerns about “underutilization” in the labor market remain. No timetable for higher rates was announced, however, it appears that hikes …
Equities Jump Sharply Thanks To Two Assists
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The major indexes got two assists today, which propelled the markets out of the trading range with the S&P 500 making another assault at the 2,000 level after having been stuck below it for the past 1-1/2 weeks. China’s central bank got things started by announcing a boost in its stimulus measures …
Equities Continue To Trend Lower On Interest Rate Hike Speculation
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended mostly lower today, continuing on the down-slide from a sub-par performance last week. The S&P 500 dropped a slight 0.08%, the Dow gained 0.26% and the Nasdaq lost 1.06% on the day. The focus on interest rates remain front and center this week as markets anxiously await the outcome of …
ETF/No Load Fund Tracker Newsletter For September 12, 2014
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2014/09/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-09112014/ ———————————————————— Market Commentary Friday, September 12, 2014 INDEXES END THE WEEK LOWER ON BEARISH ENERGY STOCKS AND OUTLOOK OF FED DECISION [Chart courtesy of MarketWatch.com] 1. Moving the Markets Equities finished lower on the week, led by a decline in energy stocks. The Dow …
A Shaky Start Followed By A Strong Finish
[Chart courtesy of MarketWatch.com] 1. Moving the Markets After slumping early one, the major indexes managed to climb out of a hole and, with the exception of the Dow, managed to squeeze out a tiny gain. Not helping matters early on were worse than expected jobless claims numbers, which followed last week’s disappointing labor market report. Crude oil finally found …