[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stockholders have plenty to be thankful for this Thanksgiving. And the day before the holiday gave them even more reason to be pleased. Both the Dow and S&P pushed into record territory yet again. At the same time, the Nasdaq hit its highest level since the tech bubble 13 years ago. Hewlett-Packard …
Nasdaq Conquers 4,000; Gold-Mining ETFs Slip
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks ended in the green, but just barely as traders took profits ahead of the holiday. The Nasdaq composite index closed above 4,000 on Tuesday for the first time since 2000, while the Dow and S&P ended barely changed. Retailers and homebuilders were among the best performing sectors, responding to stronger-than-expected earnings …
Mixed Emotions
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The major indexes appeared to meander aimlessly with the Dow and Nasdaq edging slightly higher while the S&P 500 dropped late in the session to post a minor loss. After breaking major milestones last week, the market looked a little tired as volume slowed down during this Holiday shortened week, which can …
ETF/No Load Fund Tracker Newsletter For Friday, November 22, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/11/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-11212013/ ———————————————————— Market Commentary Friday, November 22, 2013 S&P 500 GAINS SEVEN OUT OF SEVEN [Chart courtesy of MarketWatch.com] 1. Moving The Markets Seven was a lucky number at least for the S&P 500 index, which managed to rack up gains seven weeks in a …
QE To Wind Down, Phones On Planes And An S&P ETF In China?
[Chart courtesy of MarketWatch.com] 1. Moving The Markets As an imminent QE wind-down is allegedly likely, Fed officials are beginning to take more seriously the proposal of a cut to the rate paid on excess reserves. The interest rate the Fed pays on excess reserves currently sits at 25 basis points. Stocks of major U.S. banks were very strong on …
JP Morgan Strikes Deal With U.S. Govt. Maybe They Can Pay In Bitcoins?
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks ended lower as investors digested a mixed batch of retail earnings reports and benchmark indexes struggled to surpass major milestones. However, a recovery in the U.S. housing market helped Home Depot top profit and sales estimates for the third quarter, prompting the No. 1 home improvement chain to raise its fiscal-year outlook …