[Chart courtesy of MarketWatch.com] Despite disappointing US industrial production and regional manufacturing reports, the major domestic equity markets were able to continue their recent rally and finish the trading session higher. The Dow Jones Industrial Average added 60 points (0.4%) to 15,276, the S&P 500 Index was 8 points (0.5%) higher at 1,659, setting another record in nine of the …
After A Breather, Bulls Hit Fresh All-Time Highs
[Chart courtesy of MarketWatch.com] Equities got back to their winning ways, notching solid gains amid optimism that the bulls still have room to run. The Nasdaq hit its highest level since November 2000 while the Dow Jones Industrial Average and Standard & Poor’s 500 Index hit fresh all-time highs. The Dow Jones jumped 124 points (0.8%) to 15,215, the S&P …
Bulls Take a Break in Quiet Session
[Chart courtesy of MarketWatch.com] Index ETFs kicked off the week with an orderly session, ended flat on Monday and pausing after hitting record highs last week. The market was once again unfazed by a strengthening U.S. dollar. The Dow Jones Industrial Average fell 27 points (0.2%) to 15,092, the Standard & Poor’s 500 Index was unchanged at 1,634, and the …
ETF/No Load Fund Tracker Newsletter For Friday, May 10, 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-05092013/ ———————————————————— Market Commentary Friday, May 10, 2013 THE WEEK OF RECORDS After enduring a choppy session, stocks settled higher to end the week with a gain despite a surge in the U.S. dollar and Federal Reserve Chairman Ben Bernanke’s speech offering no new revelations …
Record Runs End; Major Index ETFs Finish In Red
[Chart courtesy of MarketWatch.com] The winning streak came to an end on Thursday, as major U.S. indices closed the trading day in negative territory with currency exchange rates grabbing headlines. The market did overcome early morning lows in the wake of some mixed economic data from both sides of the pond. The Dow Jones Industrial Average was 22 points lower …
Sell in May? Not in This Bull Market… Not Yet
[Chart courtesy of MarketWatch.com] The market was able to overcome early losses, and closed the trading day higher, supported by China posting a wider-than-projected trade surplus and an unexpected rise in industrial production out of Germany. Both the Dow and S&P posted new closing highs. The gains came a day after the Dow closed above 15,000 for the first time …