[Chart courtesy of MarketWatch.com] 1. Moving the Markets In the face of the worst productivity numbers in some 37 years, the markets did what they do best; rally! Although early enthusiasm gave way to a sell-off, the S&P 500 managed to climb back above the unchanged line by a fraction of a percentage after making new intra-day highs. But, investors …
ETF/No Load Fund Tracker Newsletter For May 20, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/05/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-05192016/ ———————————————————— Market Commentary SOLID FRIDAY, BUT FOURTH STRAIGHT WEEKLY LOSS FOR DOW [Chart courtesy of MarketWatch.com] 1. Moving the Markets The Dow closed the week with a rally on Friday, but the gains were not enough to push the index into positive territory for the week. This marks the fourth straight week of …
Tuesday’s Slide Negates Monday’s Climb
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Today was a solid downward slide from yesterday’s gains on Wall Street, despite some good earnings reports from big players. Inflation worries were spread all over news outlets today as we heard reports that April’s reading on consumer inflation (+0.4%) was the highest in three years. The move higher in inflation, due …
Temporary End To Losing Streak
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Coming off a three week losing streak, the stock market kicked off the new week in rally mode as investors eyed more retail earnings, digest news related to corporate deals and await Wednesday’s release of minutes of the Fed’s April meeting. All three major indexes gained at least 1% on the day. …