[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was a struggle for the indexes today, as the upward momentum of the last few days waned and even a last hour rebound lacked spunk and turned out not to be enough for the S&P and Nasdaq to cross above the unchanged line. Energy stocks sold off sharply as oil prices …
Stocks Move Higher For Third Straight Day; M&A News Back In Headlines
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks jumped in afternoon trading Monday as investors sent the Dow and S&P 500 up for a third straight session and to new record closing highs. The market’s latest rise is due in large part to the idea that an interest rate hike from the Federal Reserve is still due later this …
ETF/No Load Fund Tracker Newsletter For May 15, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/05/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-05142015/ ———————————————————— Market Commentary STOCKS END ON TOP TO CLOSE THE WEEK; NETFLIX STILL ATTRACTING INVESTORS [Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks finished the week on the plus side, with the S&P 500 notching an all-time high. Most economic news came in …
It Was All About Tech Today
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks gained today with the Dow climbing 82 points as investors shook off growing concerns about overvalued stocks and rising interest rates. Markets broke a 2-day losing streak; however, the mood remained cautious after comments by Janet Yellen Wednesday that suggested stocks are generally overvalued. Lady Yellen said market valuations were generally …
Markets Turn South After Early Morning Gains
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks pared back early gains to close in the red across the board. Rising interest rates and oil prices appeared to be the culprits today. Oil dragged markets lower today as prices jumped above $61 a barrel. The U.S. benchmark rose 2.1% to $61.65 on the New York Mercantile Exchange, as concerns …
Markets Move Lower; No Good News From Greece
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets shifted lower today amidst mixed domestic data, higher bond yields and (believe it or not) renewed concerns over Greece. After a myriad of budget cuts, a million lost jobs, 250,000 closed businesses and nearly 240 billion euros ($267 billion USD) in rescue loans, the country is once again on the brink …