[Chart courtesy of MarketWatch.com] 1. Moving the Markets Today’s trading closed with smiles on most everyone’s face in Wall Street as the Dow and S&P 500 had one of their best point gains of the year. The Dow gained 1.69%, the S&P 500 rose a whopping 2.04% and the Nasdaq rose ahead of the pack gaining 2.11%! Markets were driven …
Stocks And Russian Ruble Continue Struggling
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks were up and down substantially throughout the day, but ultimately closed lower across the board, marking losses for the six of the past seven days. The Dow dropped 0.7%, the S&P 500 fell 0.8% and the Nasdaq ended 1.2% lower. West Texas Intermediate crude oil dropped to $53.60 a barrel early …
Markets Slip On Oil; Petco To Be Bought For $8.7MM
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets continued to slide further downward today, driven lower in particular by the drop in oil prices and energy stocks. U.S. crude fell 3.3% to settle at $55.91, hitting fresh 5-1/2 year lows. Both U.S. crude and Brent have fallen nearly 50 percent from highs in June. Today, all major indexes retreated …
ETFs/Mutual Funds On The Cutline – Updated Through 12/12/2014
Below are the latest ETF Cutline reports, which show how far above or below their respective long-term trend lines (39 week SMA) my currently tracked ETFs/MFs are positioned. The first report covers the ETF Master List from Thursday’s StatSheet and includes 410 ETFs, of which currently 222 (last week 264) are hovering in bullish territory. The second report includes only …
New ETFs On The Block: ALPS STOXX Europe 600 ETF (STXX)
Despite several European economies struggling with deflation and de-growth, many marquee European companies that have with sizeable international exposure managed to beat earnings estimate in 2014. The cold-response by the region’s lenders to European Central Bank President Mario Draghi’s recent launching of the Targeted Long-Term Refinancing Operation left the door wide-open for further policy easing by the central bank. Adequate …
ETF/No Load Fund Tracker Newsletter For December 12, 2014
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2014/12/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-12112014/ ———————————————————— Market Commentary Friday, December 12, 2014 MARKETS END LOWER ON THE SECOND WEEK OF DECEMBER [Chart courtesy of MarketWatch.com] 1. Moving the Markets After seven consecutive weeks higher, stocks fell as they took their lead from poor global economic data and declining oil …