[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended lower as the Dow shed 120 points, marking its sixth consecutive day of losses. The down-slide has come while Wall Street has been bracing for Friday’s employment report and the potential hints the jobs data might provide about the timing of an interest rate hike by the Fed. Domestically, in the world of …
Dow Falls For Fourth Straight Day
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Shares of Apple (AAPL) fell 3.2%, making it the biggest losing stock of the Dow. The tech giant is under pressure as worries about an economic slowdown in China raises concerns about its biggest growth market. On the economic front, investors continue to focus (speculatively) on when the Fed will boost interest …
Chinese Stocks Drop 8.5%—Domestic Equity Slide Continues For 5th Day
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Blame it one the Chinese. With the Shanghai index tanking some 8.5% in today, there was simply no other way to go but down. European stocks took the clue, and the German DAX dropped 2.6%. Following the leaders, the bears quickly took the upper hand in the U.S. markets and down we …
Techs Drag Dow
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Equities pulled back as a result of IBM and United Technologies putting the first negative on the board this earnings season just prior to the heavyweights, Apple and Microsoft, issuing their quarterly report cards after today’s close. The major indexes are still near record highs and, after having been on a tear …
ETF/No Load Fund Tracker Newsletter For July 17, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/07/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-07162015/ ———————————————————— Market Commentary INDEXES RALLY WITH THE NASDAQ MAKING A NEW ALL-TIME HIGH [Chart courtesy of MarketWatch.com] 1. Moving the Markets One look at the 5-day chart tells the story of the past week. The bulls had their way with the Nasdaq making a …
Solid Gains For 3rd Straight Day
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The bulls had their way as the rally continued for the third straight day with the S&P 500 reclaiming the 2,100 level. The driver was a new agreement, where Greece ended up in total capitulation by giving up much sovereignity in turn for a third bailout program. This type of deal came …