[Chart courtesy of MarketWatch.com] 1. Moving the Markets As the headline suggested, it was a tough day for all the major indexes. It was a third straight day of losses, and we saw the Dow drop a lofty 293 points by the close of trading. Are you hungry to know who the culprit was of the bearish trading session? None …
Going Nowhere
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The indexes meandered throughout the trading day but were not able to sustain early upside momentum. In the last few minutes of trading, the indexes puked and finished in the red, although by only a small margin given last week’s advance. Concern remained in the currency arena where the dollars advance has …
Markets Bullish On Fed Sentiment; Windows 10 This Summer?
[Chart courtesy of MarketWatch.com] 1. Moving the Markets In a statement, the Fed, as expected, did drop its promise to be “patient” as it weighs interest rate hikes. Still, investors reacted bullishly to the suggestion that rate hikes were not baked in for June either, as feared, which potentially pushes out the first rate hike even later in the year. …
Stocks Rally With Financials Plowing Forward
[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 …
Fed Commentary Takes Starch Out Of Upward Momentum
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks took a dive today, ending another wild ride with a plunge deeper into the red after the Federal Reserve’s latest policy statement. The Federal Reserve gave no indication today that it would stand down from plans to raise interest rates this year, noting that it expects unusually low inflation to gradually …
ETF/No Load Fund Tracker Newsletter For January 9, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/01/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-01082015/ ———————————————————— Market Commentary Friday, January 9, 2015 MARKETS COULDN’T HOLD MOMENTUM TO FINISH THE WEEK [Chart courtesy of MarketWatch.com] 1. Moving the Markets Volatility has been the name of the game thus far as we round out the second week of trading in 2015. …