[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks rallied after three straight days of losses for the S&P 500 and Dow, which on Thursday logged a new closing high and jumped nearly 200 points. In market movers today, Facebook (FB) climbed 3.7%. The jump added to a 1.3% gain yesterday after the company reached a deal with New York …
A Nothing Day
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The major indexes fluctuated throughout the day, but there was no conviction in either direction, so the S&P 500 ended down a scant 0.05%. Same with the Dow, however, the Nasdaq managed to edge into plus territory by a meager 0.12%. The early rally did not hold, and we spend the remainder …
Equities Close Slightly Lower; Verizon To Buy AOL
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Major U.S. stock indexes closed slightly lower after recouping much of an early slump. The slide was brought on, in part, by a troubling rise in global long-term borrowing rates. The price of oil closed above $60 a barrel for just the third time this year, giving a boost to energy stocks. …
Markets Can’t Keep The Momentum Going
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks fell as Wall Street failed to extend Friday’s strong jobs-fueled rally, and a drop in oil prices helped push energy stocks sharply lower. U.S. benchmark crude fell 26 cents to $59.13 a barrel and shares of ExxonMobil (XOM) dropped 1.7% and Chevron (CVX) fell 1.2% accordingly. In M&A news, today we …
ETF/No Load Fund Tracker Newsletter For May 8, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/05/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-05072015/ ———————————————————— Market Commentary STOCKS REALIZE SOLID END TO A BUSY WEEK [Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks staged a strong rally Friday as the government reported that job gains rebounded in April. This allowed investors to breathe a sigh of relief, …
It Was All About Tech Today
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks gained today with the Dow climbing 82 points as investors shook off growing concerns about overvalued stocks and rising interest rates. Markets broke a 2-day losing streak; however, the mood remained cautious after comments by Janet Yellen Wednesday that suggested stocks are generally overvalued. Lady Yellen said market valuations were generally …