[Chart courtesy of MarketWatch.com] Stocks continued their winning streak Tuesday as the Nasdaq and the Standard & Poor’s 500 Index logged their 11th up day in the past 13 sessions. The blue chip Dow Jones industrial average rose 0.6% (87 points) to 15,056, closing above the 15,000 mark for the first time ever, the S&P 500 Index increased 8 points …
SPY Closes At Record Again On Lack Of Positive News
[Chart courtesy of MarketWatch.com] The Standard & Poor’s 500 Index extended its record level on Monday to kick-off the week. Stocks traded in a tight range and ended mixed but the Nasdaq outperformed again, thanks to another strong showing from Apple. During the session, the S&P 500 also reached an all-time intraday high of 1,619.77. In moderate volume which came …
ETF/No Load Fund Tracker Newsletter For Friday, May 3, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/05/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-05022013/ ———————————————————— Market Commentary Friday, May 3, 2013 DOW HITS NEW MILESTONE; S&P GRABS RECORD HIGH What a Friday… as the Dow Jones Industrial Average touched 15,000 for the first time in its long history, the world’s 200 richest people added $44.6 billion to their …
Positive Headlines Help Stocks Surge To New Record
[Chart courtesy of MarketWatch.com] Equity markets celebrated yet another record date as the European Central Bank (ECB) cut its key interest rate, domestic jobless claims unexpectedly fell to a five year low, and the technology sector reported strong earnings. The Dow Jones Industrial Average was up 130 points (0.9%) to 14,830, the S&P 500 Index added 15 points (0.9%) to …
Poor Macro Data Knock Down the Bulls
[Chart courtesy of MarketWatch.com] Disappointing economic data finally dragged stocks down. The Dow Jones Industrial Average was down 138 points (0.9%) to 14,701, the S&P 500 Index lost 15 points (0.9%) from its record high to 1,583, and the Nasdaq Composite decreased 30 points (0.9%) to 3,299. Volume came in slightly lower than Tuesday. Commodity companies dropped the most among …
More Bad Economic News = More Gains in the Market
[Chart courtesy of MarketWatch.com] The bulls simply don’t know how or when not quit as stocks ended Tuesday’s session on a modestly higher note in the face of another day of mushy global economic data. The Dow Jones Industrial Average moved up 21 points (or 0.1%) to 14,839, the Nasdaq Composite gained 22 points (0.7%) to 3,329, and the Standard …