[Chart courtesy of MarketWatch.com] 1.Moving the Markets Markets continued their rally today following news reports of continued economic growth and the strongest consumer sentiment we have seen since 2007. The government released numbers today that showed GDP expanded at a seasonally adjusted annual rate of 5% for the three months ended September 30th. The S&P 500 gained 0.2%, the Dow …
Upward Bias Continues
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Despite a slow start, the major indexes picked up steam during mid-day with the Dow and S&P 500 closing at record levels—again. The theme that the Fed won’t be raising rates at anytime soon proved to be the driver for today’s session. This was the fourth straight day of gains, since Fed …
ETF/No Load Fund Tracker Newsletter For December 19, 2014
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2014/12/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-12182014/ ———————————————————— Market Commentary Friday, December 19, 2014 MARKETS IN RALLY MODE; EARLY DECEMBER LOSSES ARE RECOUPED [Chart courtesy of MarketWatch.com] 1. Moving the Markets One look at the above 5-day chart tells the story. A sloppy beginning was followed by a strong rebound as …
Markets Roar Higher Marking Best Day Since November 2011
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Wall Street was on fire for a second straight day today as investors remained exuberant about news of continued low interest rates and low oil prices. The Dow gained 421 points today (+2.43%), marking a gain of almost 600 points in the past two trading sessions. The S&P added 2.4% and the …
All Smiles As Markets Close On Wednesday
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Today’s trading closed with smiles on most everyone’s face in Wall Street as the Dow and S&P 500 had one of their best point gains of the year. The Dow gained 1.69%, the S&P 500 rose a whopping 2.04% and the Nasdaq rose ahead of the pack gaining 2.11%! Markets were driven …
Stocks And Russian Ruble Continue Struggling
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks were up and down substantially throughout the day, but ultimately closed lower across the board, marking losses for the six of the past seven days. The Dow dropped 0.7%, the S&P 500 fell 0.8% and the Nasdaq ended 1.2% lower. West Texas Intermediate crude oil dropped to $53.60 a barrel early …