[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks were mixed Monday as a two-week period of relative stability in the markets continued despite a sharp slide in oil prices. In Uber news, we heard today that the company is officially “bowing out” of the China market. Uber’s Chinese operations will merge with Beijing-based ride hailing firm Didi Chuxing. …
ETF/No Load Fund Tracker Newsletter For July 29, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/07/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-07282016/ ———————————————————— Market Commentary DOW FELL EVERY DAY THIS WEEK; GDP SHOCKER [Chart courtesy of MarketWatch.com] 1. Moving the Markets Can the GDP numbers get any worse? Today’s announcement was a real shocker as second quarter GDP clocked in at a miserable 1.0% against expectations of 2.6%. And, to add insult to injury, first …
Dow Falls Four Days Straight
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks pulled back a tad on mixed corporate earnings and falling oil prices as the Dow slipped for a fourth straight day. Oil prices continue to fall with no obvious reason as the price of West Texas Intermediate Oil, the U.S. benchmark, was down 1.96% to close at $41.10 a barrel. Oil …
Mixed Signals
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended mixed after the Federal Reserve’s afternoon decision to leave interest rates unchanged was no surprise to investors. The Fed, which hiked rates off 0% back in December for the first time in nearly a decade, has kept rates steady this year, citing uncertainty abroad, the aftermath of the ‘Brexit’ vote …
Bulls Are On Hold; Waiting For The Fed
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks ended mixed Tuesday as investors digested a mixed batch of earnings reports and as the Federal Reserve kicked off a two-day meeting on interest rates. As you can see in the above S&P chart, stocks dropped sharply during mid-day about 0.75%, but were pushed back up since, with the Fed …
ETF/No Load Fund Tracker Newsletter For July 22, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/07/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-07212016/ ———————————————————— Market Commentary S&P 500 NOTCHES 7TH RECORD HIGH FRIDAY DESPITE SOUR ‘POST-BREXIT’ DATA [Chart courtesy of MarketWatch.com] 1. Moving the Markets Overall, it was a great week for the market here in the U.S. The S&P 500 hit a fresh record high today (its seventh this year) a day after the Dow …