[Chart courtesy of MarketWatch.com] 1. Moving the Markets The lack of correlation between oil prices and the major indexes I pointed out yesterday reversed with a vengeance as oil dropped another 5.79% on top of yesterday’s loss of 6.78% causing the markets to head south all day with no recovery in sight. Crude oil stumbling below $30/barrel accelerated a downdraft …
ETF/No Load Fund Tracker Newsletter For January 15, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2016/01/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-01142016/ ———————————————————— Market Commentary IF IT WALKS LIKE A BEAR AND GROWLS LIKE A BEAR… [Chart courtesy of MarketWatch.com] 1. Moving the Markets You could call it a Black Friday as Wall Street was saturated in red and bleeding profusely with the S&P 500 dropping …
Equities Get Crushed As The Bear Is Alive And Well
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Intense selling returned to Wall Street in afternoon trading Wednesday, pushing the Dow down 365 points and slicing 3.4% off of the tech-packed Nasdaq, dashing hopes for a third straight day of gains on Wall Street and extending the financial pain in what has been a horrific start to the year. Earlier …
Stocks Stay Afloat For Second Straight Day
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Just when it looked like stocks would never go up again, the tide shifted slightly on Monday with the Dow edging higher by 52 points, relieving some of the bearish pressure that has weighed on Wall Street since the start of the year. Now, investors are eyeing a hoped-for bounce after plunging …
ETF/No Load Fund Tracker Newsletter For January 8, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2016/01/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-01072016/ ———————————————————— Market Commentary MARKETS MELT DOWN IN WORST EVER FIRST WEEK TO START THE YEAR [Chart courtesy of MarketWatch.com] 1. Moving the Markets One look at the above chart shows the extent to which the bulls got slaughtered this week as the U.S. …
New Year, Old Problems = Sour Start To 2016
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks around the world plunged on the first trading day of 2016, with the Dow diving 470 points in intraday trading before moderating its losses amid fresh signs of slowing growth in China, the world’s second-biggest economy. All three major indexes got spanked as the chart above shows. 2016’s rocky beginning came …