[Chart courtesy of MarketWatch.com] Moving the markets In a repeat from yesterday, the Nasdaq managed to eke out another win, although only by the tiniest of margins, which was enough to log in its 8th straight gain, its best streak since October. The broader market see-sawed all day and ended up diving into the close registering small losses. Looking at …
Igniting Trade-War Worries Punish Markets; GDP Forecast Slammed
[Chart courtesy of MarketWatch.com] Moving the markets A host of headlines appeared to punish the markets by pushing the major indexes down for the third day in the row. First, there was more jawboning about tough trade talk with China, as the administration announced a $100 billion annual China deficit target from last year’s $375 billion. Of course, retaliation is …
A Mixed Bag Of Data Whacks The Bulls
[Chart courtesy of MarketWatch.com] 1. Moving The Markets It was a one-two punch based on disappointing earnings and a mixed bag of data that sent the bulls to the mat, at least for the time being. All major indexes lost as the intra-day chart above shows. Despite the manufacturing index coming in better than expected and a reduced number of …
Fed Tapering Haunts Markets Again
[Chart courtesy of MarketWatch.com] Domestic equity markets continued the recent downward trend with trading volumes about 22 percent below the 100-day average. Earnings season is winding down and economic indicators present a mixed view, complicating predictions of the Fed’s next policy action. Mixed economic data has led to heightened anxiety that the Federal Reserve may begin to taper its asset …
ETF/No Load Fund Tracker Newsletter For Friday, June 14, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/06/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-06132013/ ———————————————————— Market Commentary Friday, June 14, 2013 THEME OF THE WEEK: RED AND VOLATILE The major averages ended in the red after early gains evaporated during the opening hour amid a variety of factors. Traders cautiously await next week’s two-day monetary policy meeting by the …