By Simon Black File this one away under “Completely Obvious…” Last night the parent company of Snapchat reported a quarterly loss of more than TWO BILLION dollars. Snapchat, of course, is the photo-focused social networking app that’s adored by tweens and adults who still live with their parents. (Talk about a lucractive demographic.) The company IPO’d just a few months …
ETF Tracker Newsletter For August 19, 2016
ETF Tracker StatSheet ————————————————————- https://theetfbully.com/2016/08/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-08182016/ ———————————————————— Market Commentary MARKETS SLIPPING WHILE OIL IS GUSHING HIGHER [Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. markets closed lower today to finish the week as traders appeared slightly anxious about the possibility of an earlier-than-expected Federal Reserve interest-rate hike. It seems that comments from senior Fed officials in recent days suggest a …
Markets Reacting Awkward Despite Solid Earnings Reports
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended mixed today, apart from the Dow, which climbed for an eighth straight day and notched a new closing high. While the S&P 500 closed in the red today, don’t forget that the index is coming off another record high recently, and both the S&P 500 and the Dow are now …
Equities End Mixed As Crude Oil Slides
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The major U.S. stock indexes kicked off the trading week in a mixed fashion. U.S. stocks, still reeling from its worst yearly start ever, were able to close mostly higher in a bumpy trading session as traders shook off fears after China’s 2015 economic growth hit its lowest level in 25 years, …
Earnings Drag Markets Down
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets closed lower today after a lackluster bunch of quarterly earnings reports. The reports gave a somewhat confirming nod to speculative investors that the U.S. and global economy will may experience a slowdown over the next year, As far as earnings go, Walmart (WMT) shares experienced their lowest one-day drop in nearly …
ETF/No Load Fund Tracker Newsletter For October 9, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/10/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-10082015/ ———————————————————— Market Commentary MARKETS FULL STEAM AHEAD TO ROUND OUT RALLY [Chart courtesy of MarketWatch.com] 1. Moving the Markets The Dow extended its recent rally to six sessions as stocks keep heading higher following the release of minutes of the Fed’s meeting last month …