[Chart courtesy of MarketWatch.com] Moving the Markets It seemed like forever, but it’s been only 28 days of treading water before upward momentum was sufficient enough to conquer the 20k milestone. Looking back to the 800 plus point drop in the Dow during election night, which appeared to signal a return to bear market territory, it’s been a truly remarkable …
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 …
Continuing The Ascent
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks closed at record highs once again Tuesday as investors reacted positively to remarks from Janet Yellen and Greece won EU approval for its proposed budget reforms. Yellen, in her semi-annual speech before the Senate banking committee, used a word familiar to investors when she reiterated that the central bank will be …
Equities Continue To Trend Lower Despite Apple’s Day Of Announcements
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Domestic equities fell for a second straight day as the Dow dropped almost 100 points, the S&P 500 slid back below 2000 and the Nasdaq fell 0.88%. Apple (AAPL) stole many headlines today as it released numerous announcements about new and upcoming product releases. The stock bounced up and down all day …
Markets Continue To Rally On Housing Data And Apple’s $100 Mark
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Domestic markets continued to rally today on dissipating geopolitical fears, strong earnings and upbeat housing data. The S&P 500, Dow and Nasdaq all gained as the chart shows. On the economic front, housing starts surged 15.7% in July and inflation remained minimal. Housing related stocks capitalized on the strong data, and companies …
ETF/No Load Fund Tracker Newsletter For August 8, 2014
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2014/08/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-08072014/ ———————————————————— Market Commentary Friday, August 8, 2014 BULLS BACK ON TRACK TO END FIRST WEEK OF AUGUST [Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks ended higher today and closed out the first week of August on a strong note. This comes …
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