[Chart courtesy of MarketWatch.com] 1. Moving the Markets Volatility continues to be the name of the game thus far in 2015. Major indexes saw huge price swings, however, all of them closed the day in the red. The culprit impacting markets most seemed to once again be oil. Oil prices dropped another 5% today to close at $46.07 per barrel, …
Stocks Rally Early; But End Up Subdued By Yellen’s Remarks
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks were rallying early today, riding the wave up from yesterday, however, the momentum was brought to halt shortly after Janet Yellen made a comment about the stock market being “substantially stretched” in terms of valuations. The Dow ended the day barely above water by 0.03%, while the Nasdaq lost 0.5% and …
Sluggish Day For The Indexes; A Look At The Volatility Of China ETFs
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The S&P 500 and Dow Jones Industrial Average closed lower today as lackluster fourth-quarter results came in from Citigroup (C), Goldman Sachs (GS) and Best Buy (BBY). Best Buy (BBY) reported a sales decline for the holiday season, which came as a surprise to many investors. The largest gainer of the day …