[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 …
Rally Attempt Fails Miserably; But No Major Drops As Markets Run Out Of Time
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks rallied early in the day, but the momentum faded by closing time as investors remained jittery about global economic growth, conflict abroad and now ebola at home. This could have ended up to be a negative day had time not run out. Ebola has had quite an impact on the human …
Stocks Move Higher Despite Disappointing Retail Numbers
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Investors pushed markets higher as biotech shares helped counter somewhat disappointing retail sales numbers. The Commerce Department shared with us today that U.S. retail sales stalled during the month of July, which was the weakest numbers we have seen thus far in 2014. Amazingly, the major indexes rallied, as the chart above …
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 …
Equities Have A Flat Tuesday, But Where Did All The Bitcoins Go?
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks traded pretty flat for most of the day, and all the major indexes finished in the red zone. Some analysts blame the February Consumer Confidence reading of 78.1, which was lower than the consensus of 80.1. Macy’s (M) released some positive earnings numbers which showed profits increased 11% during the Q4 …
Market Still Yet To Break Out Of 2014 Slump
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The S&P 500 index eked out a marginal gain today, while the Dow Jones Industrial Average dropped, weighed down by losses for Verizon Communications Inc. (VZ) and AT&T Inc. (T). Bed Bath & Beyond Inc. (BBBY) shares fell 12.5% after the retailer reported fiscal third-quarter earnings and trimmed its outlook late Wednesday. …
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