[Chart courtesy of MarketWatch.com] 1. Moving the Markets Volatility was minimal as we closed out the mid-week trading day. We heard earnings reports from Target (TGT) today, which disappointed investors to say the least. The company missed analyst’s estimates on Q1 sales while delivering a disappointing forecast for the Q2. Corporate said it expects sales in the second quarter to …
Tuesday’s Slide Negates Monday’s Climb
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Today was a solid downward slide from yesterday’s gains on Wall Street, despite some good earnings reports from big players. Inflation worries were spread all over news outlets today as we heard reports that April’s reading on consumer inflation (+0.4%) was the highest in three years. The move higher in inflation, due …
Temporary End To Losing Streak
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Coming off a three week losing streak, the stock market kicked off the new week in rally mode as investors eyed more retail earnings, digest news related to corporate deals and await Wednesday’s release of minutes of the Fed’s April meeting. All three major indexes gained at least 1% on the day. …
ETF/No Load Fund Tracker Newsletter For May 13, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/05/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-05122016/ ———————————————————— Market Commentary MARKETS END WEEK ON A DULL NOTE [Chart courtesy of MarketWatch.com] 1. Moving the Markets Although all 3 major indexes ended in the red, we heard some positive news that retail sales rebounded in April and jumped 1.3% after dropping 0.3% in March. It is the largest rise in 13 …
Treading Water
[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was a mixed day as the the above intra-day chart of the S&P 500 shows. Dancing above and below its unchanged line and ending 0.02% lower isn’t exactly a sign of a strong bull market. The Nasdaq fared the worst as Apple got clobbered again tumbling to a two-year low producing …
Disney Miss Brings Down Dow
[Chart courtesy of MarketWatch.com] 1. Moving the Markets After posting its biggest daily gain since March 1, the Dow’s upward move did not last too long and the warm fuzzy feeling from yesterday dissipated in a hurry. Hitting the markets today, was the news that Staples (SPLS) decided to bail on its $6.3 billion acquisition of Office Depot (ODP) after …