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-01212016/ ———————————————————— Market Commentary DIGGING OUT OF A HOLE [Chart courtesy of MarketWatch.com] 1. Moving the Markets Wall Street stocks scored a second day of gains Friday after a steep sell-off earlier in the week as oil prices bounced sharply higher and investors banked on …
One Man’s Opinion: Is The Federal Reserve Likely To Initiate Tapering In September?
US July nonfarm payrolls data came in at 162,000, well below the 200,000 forecasted by most economists, and showed the labor market continues to improve, but at a frustratingly slow pace, said Mohamed El-Erian, chief executive officer and co-investment officer at PIMCO. Internal factors like earnings, long-term unemployment rate, labor participation rate and youth unemployment rate indicate the situation is …
US Equities Stall After Two-Day Rally; UNG Bursts, KWT Fades
[Chart courtesy of MarketWatch.com] US equities remained just about flat with a slight negative bias today, snapping a two-day winning streak as investors chose to hold back ahead of the central bank meetings and monthly jobs report later this week. The Dow Jones Industrial Average (DJIA) lost 3 points, with the index’s heaviest component JP Morgan Chase (JPM) leading the …