[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks trimmed early losses on the day to close in the green. Investors shook off a mixed batch of earnings reports and concerns about global growth, while oil prices continued to tumble. In the media entertainment world, shares of Netflix (NFLX) popped 13% on the streaming video company’s fourth quarter earnings that …
ETF/No Load Fund Tracker Newsletter For January 16, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/01/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-01152015/ ———————————————————— Market Commentary Friday, January 16, 2015 STOCKS BREAK FIVE-DAY LOSING STREAK TO END THE WEEK [Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks broke out of a slump today as we saw the Dow gain almost 200 points. While the comeback was …
Equities Stumble For The 5th Day
[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was the Swiss National Bank (SNB) which stunned the markets by not only removing its currency peg with the Euro but also implementing a rate cut at the same time. Swiss stocks collapsed, rates crashed while the Swiss Franc soared leaving the big boys, who were short, wondering how to possibly …
Markets End Lower For Fourth Straight Day
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets dropped again today following a weak reading on holiday retail sales and a disappointing earnings report from JPMorgan (JPM). The consensus amongst analysts regarding the lower earnings is that the bank has been dragged down by ongoing legal costs. Renewed turmoil in commodities also weighed on investors, as did a global …
Dead Cat Bounce Takes Markets For A Ride
[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was a wild and bumpy ride on Wall Street today. Volatility continued, and we saw the Dow swing back and forth to the tune of 400 points before closing in the red. Early gains were largely driven by upbeat investor sentiment reacting to Alcoa (AA) posting a top notch earnings report, …
Big Price Swings/Oil Take Markets Lower
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Volatility continues to be the name of the game thus far in 2015. Major indexes saw huge price swings, however, all of them closed the day in the red. The culprit impacting markets most seemed to once again be oil. Oil prices dropped another 5% today to close at $46.07 per barrel, …