[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks remained in positive territory today, even after the weakest reading on the services sector of the economy in six years, as traders returned from the long holiday weekend. It seems that Wall Street is still digesting Friday’s August jobs report (which most investors say will keep the Federal Reserve from hiking …
ETF Tracker Newsletter For September 2, 2016
ETF Tracker StatSheet ————————————————————- https://theetfbully.com/2016/09/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-09012016/ ———————————————————— Market Commentary STOCKS INCH UP ON THE WEEK; SAMSUNG HEARS A PING [Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks ended higher Friday as traders examined a critical monthly report on job growth that could carry implications for Federal Reserve policy. The anticipated jobs report was particularly crucial because the Fed is …
Drop And Pop
[Chart courtesy of MarketWatch.com] 1. Moving the Markets August was a quiet month for the U.S. stock market, with volatility at very low levels. The S&P 500 did not see a day with a change of 1% in either direction the entire month. However, a six-month winning streak was snapped in August for the Dow and, as you may know, …
August Ends With A Whimper
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Wall Street shares dipped lower on the final trading day of August, a month that has been void of market scares, as traders look ahead to a key jobs report Friday and a Federal Reserve decision on interest rates in late September. Both the S&P 500 and Dow ended the month basically …
Oil Trips And Market Slips; Apple Back In The News
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Equities ended a bit lower Tuesday after starting off in positive territory as investors digested news that Apple could owe back taxes in Ireland and continued to focus on what the Federal Reserve’s next move on interest rates might be as Friday’s key jobs report looms. Wall Street continues to waver on …
Slightly Higher—But Speculation Still Looms
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks closed higher Monday and the Dow broke a 3-day losing streak, even as investors continue to calculate the odds of a (potential) Federal Reserve interest-rate hike later this year. Much of the focus throughout Wall Street has remained on the trajectory of interest rates, which have not increased for eight …