[Chart courtesy of MarketWatch.com] 1. Moving the Markets Gains today put both the S&P 500 and Dow back into positive territory for the year. Eyes were focused on tentative announcements from the Fed regarding their stress testing on top U.S. lenders, which exceeded expectations. The conclusions were that 29 of the 31 top banks all passed with flying colors. Investors …
Swinging Back Into Positive Territory
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Major indexes broke their two day losing streak today. All of them closed in positive territory, pushed higher by updated news of the euro zone’s quantitative easing program. The ECB will officially begin a 1 trillion euro bond-buying program on March 9th. President Mario Draghi indicated during a press conference today that …
Markets Get Boost From Russia-Ukraine Cease-Fire
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks continued to climb as investors were encouraged by Russia and Ukraine announcing a cease-fire. The S&P 500 moved within two points of a record closing high and the Nasdaq is at its highest level since March 2000. Advances today were mostly led by technology stocks in the Nasdaq. However, Cisco (CSCO) …
Markets Turn Around After Worst 3-Day Start Since ‘08
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks rallied big time for a second straight day. The Dow advanced 323 points today and has almost wiped out early-year losses. The advance was broad, with the S&P materials, energy and technology sectors each rising more than 2%, leading the day’s gains. The same forces that sparked the market bounce Wednesday …
ETF/No Load Fund Tracker Newsletter For October 10, 2014
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2014/10/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-10092014/ ———————————————————— Market Commentary Friday, October 10, 2014 A VOLATILE WEEK—DOMESTIC TTI SLIPS INTO BEAR MARKET TERRITORY [Chart courtesy of MarketWatch.com] 1. Moving the Markets Well, here we are winding down one of the most volatile weeks we have seen since January. Equities are at …
Markets Take A Beating; Domestic TTI Stays Barely Positive
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Equities took quite a beating today upon renewed worries about global economic growth, corporate earnings and market valuations. The S&P 500 fell 2.08%, the Dow dropped 1.97% and the Nasdaq lost 2.03%. Ouch! Markets have been extremely volatile so far this month. We have seen five days in October where major indexes …