[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks, which have entered a difficult and more volatile stretch in recent sessions, were rebounding today despite lower-than-expected retail sales last month and continued concerns about whether central bank policy will become less market-friendly. The Dow is being helped by another rally in shares of iPhone maker Apple (AAPL), which are …
Sloppy Wednesday; Bayer To Acquire Monsanto
[Chart courtesy of MarketWatch.com] 1. Moving the Markets After early gains, U.S. stocks ended mixed following a steep drop Tuesday and a three-session bout of heightened volatility sparked by fears of rising interest rates. Investors have been jittery of late. Worries include fears that higher interest rates will hurt the economy, overvalued stock prices and continued uncertainty over the presidential …
The Morning After A Dead Cat Bounce
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Today’s pullback certainly made yesterday’s rebound look like a dead cat bounce. Of course, you can never be sure but stocks shifted into reverse today falling sharply led by lower oil prices and weak financials. Despite Fed officials taking a more dovish stance, there appears to be a heightened level of insecurity …
Rebounding Off The Friday Lows
[Chart courtesy of MarketWatch.com] 1. Moving the Markets On Friday, I mentioned that the Fed might attempt to talk this market back up after the sharp and sudden pullback. As if on cue, three Fed govs, namely Brainard, Lockhart and Kashkari, used various venues to opine the predominantly dovish message that a rate hike might not be compelling. That’s all …
ETF Tracker Newsletter For September 9, 2016
ETF Tracker StatSheet ————————————————————- https://theetfbully.com/2016/09/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-09082016/ ———————————————————— Market Commentary TURBULENCE CREEPING INTO MARKETS [Chart courtesy of MarketWatch.com] 1. Moving the Markets Wall Street got a big wake-up call Friday as fears on an interest rate hike were exacerbated by news from the Fed, which indicated that an interest rate hike is just around the corner. All three major indexes closed down …
Major Indexes Drift Lower
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks slipped today as traders digested the decision by the ECB to keep interest rates unchanged and looked for fresh catalysts, as in more Fed stimulus, to propel the market higher. As analysts had expected, the European Central Bank decided to keep its key deposit rate unchanged at -0.4%, but also …