[Chart courtesy of MarketWatch.com] 1. Moving The Markets Equities bounced back today from a previous two day decline. Investors reacted well to a favorable reading on consumer confidence that showed positive signs of growth for the U.S. economy. All of the major indexes gained as the chart above shows. Additionally, nine of the ten industry groups in the S&P 500 …
ETF/No Load Fund Tracker Newsletter For Friday, February 21, 2014
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2014/02/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-02202014/ ———————————————————— Market Commentary Friday, February 21, 2014 WEEK IN REVIEW [Chart courtesy of MarketWatch.com] 1. Moving The Markets Friday ended the week on a bit of a sour note given that markets had performed relatively well for the last few days. Today, Priceline (PCLN) …
Equities Bounce Back, Gold Takes A Dive
[Chart courtesy of MarketWatch.com] 1. Moving The Markets It was a lively day in the stock market today with equities making a major rebound from the disappointing performance so far this week. In fact, the major indexes nearly regained all of the losses since the start of the week. Until today, the markets were subdued by emerging market turbulence alongside …
Equity Markets Drop Again; Gold Glitters
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The Fed announced today that it will reduce its monthly bond buying plan by an additional $10 billion, despite signs of turmoil across emerging markets recently. The announcement added volatility to the markets today and thus global and domestic equity markets fell accordingly as the chart above shows. Boeing Co. (BA) led …
A Choppy Day On Wall Street; Jobless Claims Up
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks extended losses in choppy trading amid mixed retailer sales and jobs data. In the tech world, Oracle (ORCL) stock slipped Thursday after the database leader was downgraded by Morgan Stanley and RBC Capital on valuation, worries over China’s IT spending and growing competition from cloud computing vendors. Facebook (FB) popped 5% …
Equity ETFs Rebound On Week’s First Trading Day; CHIM Vaults, VXX Tanks
[Chart courtesy of MarketWatch.com] As recent polls suggested that Greece is moving towards honoring its commitments ahead of next month’s elections, US stocks rose one percent Tuesday even as US consumer confidence reading dropped unexpectedly in May and home prices dipped further. Sentiment was buoyed further as investors hoped that central banks globally would provide further stimulus and China would …