[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets continued to slide further downward today, driven lower in particular by the drop in oil prices and energy stocks. U.S. crude fell 3.3% to settle at $55.91, hitting fresh 5-1/2 year lows. Both U.S. crude and Brent have fallen nearly 50 percent from highs in June. Today, all major indexes retreated …
ETF/No Load Fund Tracker Newsletter For December 12, 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-12112014/ ———————————————————— Market Commentary Friday, December 12, 2014 MARKETS END LOWER ON THE SECOND WEEK OF DECEMBER [Chart courtesy of MarketWatch.com] 1. Moving the Markets After seven consecutive weeks higher, stocks fell as they took their lead from poor global economic data and declining oil …
A Pump And Dump Kind Of Day
[Chart courtesy of MarketWatch.com] 1. Moving the Markets As the chart above clearly shows, the major indexes went off to races right at the opening as upbeat, although severely seasonally adjusted, retail sales figures lead the way to a sharp rebound rally overcoming yesterday’s bearish tendencies. Hope for a strengthening economy based on optimism that the consumer had not died …
The Worst Day In Stocks Since Early October; And A Burger To Go With It
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks took a beating today. The S&P 500, Dow and Nasdaq all dropped more than 1.5%, and marked the third straight day of losses on Wall Street. The dominant financial story remains oil, as the price of crude plunged again after the Organization of Petroleum Exporting Countries (OPEC) slashed its estimate of …
Dow And S&P Close In The Red For Second Straight Day
[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was a bit of a quiet day in regards to market moving news. Stocks were steady early in the day, but fizzled later and, despite a tremendous rebound, the S&P 500 and Dow both closed in the red. The Nasdaq was the only major index that inched up, driven higher by …
A Sluggish Start To The Second Week Of December
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks dropped on Monday with the Dow stumbling more than 100 points. The S&P 500 retreated more than 0.8% and the Nasdaq gave back more than 0.7%. Falling oil prices were the culprit that dragged down the energy sector. U.S. crude fell more than 4% to close the day at $63.05 …