ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/07/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-07282016/ ———————————————————— Market Commentary DOW FELL EVERY DAY THIS WEEK; GDP SHOCKER [Chart courtesy of MarketWatch.com] 1. Moving the Markets Can the GDP numbers get any worse? Today’s announcement was a real shocker as second quarter GDP clocked in at a miserable 1.0% against expectations of 2.6%. And, to add insult to injury, first …
Dow Falls Four Days Straight
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks pulled back a tad on mixed corporate earnings and falling oil prices as the Dow slipped for a fourth straight day. Oil prices continue to fall with no obvious reason as the price of West Texas Intermediate Oil, the U.S. benchmark, was down 1.96% to close at $41.10 a barrel. Oil …
Mixed Signals
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended mixed after the Federal Reserve’s afternoon decision to leave interest rates unchanged was no surprise to investors. The Fed, which hiked rates off 0% back in December for the first time in nearly a decade, has kept rates steady this year, citing uncertainty abroad, the aftermath of the ‘Brexit’ vote …
Bulls Are On Hold; Waiting For The Fed
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks ended mixed Tuesday as investors digested a mixed batch of earnings reports and as the Federal Reserve kicked off a two-day meeting on interest rates. As you can see in the above S&P chart, stocks dropped sharply during mid-day about 0.75%, but were pushed back up since, with the Fed …
ETF/No Load Fund Tracker Newsletter For July 22, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/07/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-07212016/ ———————————————————— Market Commentary S&P 500 NOTCHES 7TH RECORD HIGH FRIDAY DESPITE SOUR ‘POST-BREXIT’ DATA [Chart courtesy of MarketWatch.com] 1. Moving the Markets Overall, it was a great week for the market here in the U.S. The S&P 500 hit a fresh record high today (its seventh this year) a day after the Dow …
Winning Streak Snaps; Markets Pause
[Chart courtesy of MarketWatch.com] 1. Moving the Markets As you know, the Dow has been riding the bull for 9 day continued winning streak that hasn’t happened in three years. Unfortunately, that streak snapped today due to mixed earning reports here in the U.S. and an announcement from the European Central bank that they will hold off on additional stimulus …