[Chart courtesy of MarketWatch.com] 1. Moving the Markets The major indexes had not much too cheer about during the regular session, which started on a bad omen from Japan with the BoJ surprising world markets by capping their monetary stimulus, which was expected to continue with full force. As we all know by now, without central bank stimulus, equity markets …
Fed Holds Steady—Facebook Beats And Rips In After Hours Session
[Chart courtesy of MarketWatch.com] 1. Moving the Markets As was to be expected, the Fed held interest rates steady for the third consecutive meeting. The FOMC statement was neutral and contained the usual language of “assessing economic and labor conditions, inflationary pressures and expectations along with readings on financial and international developments before determining the size of future interest rate …
A Mixed Day, But: Apple Tumbles 8% In After Hours Trading; Twitter Crashes 14%
[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was a fairly quiet day during the regular session despite a host of economic data points that can be summed up with one word: dismal. But none of that matters in a centrally planned economy where fundamentals are immaterial and where Wall Street hangs on to every new utterance by the …
Underwhelming Earnings
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks retreated today as investors brace for a barrage of earnings reports, a slew of fresh economic data and the Federal Reserve’s decision Wednesday on interest rates. The earnings season, according to MSM, has fared well thus far, if you can call beating a bar that has been set extremely low a …
ETF/No Load Fund Tracker Newsletter For April 22, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/04/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-04212016/ ———————————————————— Market Commentary MIXED END TO MIXED WEEK [Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks closed the week mixed Friday as earnings misses last night from Microsoft (MSFT) and Google parent Alphabet (GOOG) gave Wall Street’s optimism a punch in the face. Before the opening bell though, the Dow got …
Snapping A 7-Day Winning Streak
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Many investors were laying in waiting to see what the ECB’s decision was going to be in regards to raising interest rates. As expected, the ECB stood pat on rates earlier Thursday and began the implementation of its larger asset-purchase program, which now totals 80 billion euros a month. However, President Mario …