[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks snapped a two-day losing streak despite the anticipated news that the economy shrank 2.9% in the first quarter. The S&P 500 gained 0.5%, the Dow rose 0.3% and the Nasdaq posted the largest gain of 0.68%. The general sentiment about the lackluster first quarter mostly relates to the ‘arctic’ winter that …
Indexes Drop Across The Board; Softer Blow For Nasdaq Due To Vertex Announcement
[Chart courtesy of MarketWatch.com] 1. Moving The Markets U.S. indexes fell across the board on Tuesday (see above chart), largely due to drops in blue-chip stocks such as Exxon Mobil (XOM), Verizon (VZ) and American Express (AMEX), which all fell more than 1% on the day. One of the biggest market movers today was Vertex Pharmaceuticals (VFTX). The stock gained …
A Mundane Monday Kicks Off The Week
[Chart courtesy of MarketWatch.com] 1. Moving The Markets It was too tough for the markets to continue their record breaking trend this Monday, even though we received some positive data that showed an improving housing market. The S&P 500 dropped a tad and the Dow slid slightly. Only the Nasdaq finished the day in positive territory, squeezing out a 0.02% …
ETFs/Mutual Funds On The Cutline – Updated Through 06/20/2014
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 398 ETFs, of which currently 392 (last week 376) are hovering in bullish territory. The second report includes only …
New ETFs On The Block: SPDR Euro STOXX Small Cap ETF (SMEZ)
Europe is expected to witness stronger credit flow in the real economy after the European Central Bank cut its key interest rates this month. Investors are optimistic EU countries will recover from the prolonged recession that started in 2008 and stave off deflation successfully after the ECB’s intervention. As the business cycle improves, European equities, particularly small cap stocks, are …
ETF/No Load Fund Tracker Newsletter For June 20, 2014
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2014/06/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-06192014/ ———————————————————— Market Commentary Friday, June 20, 2014 STOCKS ON PATH OF RECORD BREAKING TRAIL [Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks nudged deeper into record territory today, rounding out a solid week of gains for the market. For the week, the three …