ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/05/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-05122016/ ———————————————————— Market Commentary MARKETS END WEEK ON A DULL NOTE [Chart courtesy of MarketWatch.com] 1. Moving the Markets Although all 3 major indexes ended in the red, we heard some positive news that retail sales rebounded in April and jumped 1.3% after dropping 0.3% in March. It is the largest rise in 13 …
Markets Continue Slipping On Oil Prices
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets continued their shaky start to 2015 today, as all major indexes finished in negative territory. The Dow has now lost more than 500 points in the last two trading sessions and the S&P 500 is down 2.73% over the first 3 trading sessions of the year. The culprit behind the markets …
Markets Drop, Snapping A 6-Day Winning Streak
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks pulled back from record highs today, dragged down mostly by the financial sector after hearing today that six big banks were fined $4.3 billion in a settlement over foreign exchange manipulation charges. The S&P 500 and Dow both closed a tad lower, which snapped a 6-day streak of daily gains. The …
J.C. Penny Layoffs; India To Construct World’s Largest Solar Plant
[Chart courtesy of MarketWatch.com] 1. Moving The Markets One of the biggest news items today was that J.C. Penny (JCP) announced (just after the market closed) it will be closing 33 stores and cutting 2,000 jobs. The cuts will essentially result in cost savings of about $65 million according to Chief Executive Mike Ullman. The stock was down 0.86% today and …