[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks etched up higher today to kick-off the week of Feb. 10. Trading was fairly light today most likely due to the fact that Janet Yellen is scheduled to make her first congressional testimony tomorrow. Why would investors be awaiting such an event? Well, many believe that the Fed might be having …
ETF/No Load Fund Tracker Newsletter For Friday, February 7, 2014
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2014/02/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-02062014/ ———————————————————— Market Commentary Friday, February 7, 2014 EQUITIES END WEEK ON A POSITIVE NOTE [Chart courtesy of MarketWatch.com] 1. Moving The Markets The U.S. stock market finished the week on a positive note. The Nasdaq gained over 1.4%, while the S&P 500 and Dow …
Stocks Back On Top; ECB Not To Drop Interest Rates
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks here in the U.S. had their best gain in 7 weeks today. The S&P 500 (SPX) closed up 1.24%, the Dow (DJIA) closed up 1.22% and the Nasdaq Composite (COMP) finished the day 1.1% higher. What seemed to have the biggest impact on markets today was the data on weekly jobless …
Volatility Is All The Buzz
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Volatility seems to be the name of the game so far in 2014. One day the markets are down, the next they bounce back only to fall again the day after. All of the major U.S. indices closed in the red today after a private survey showed that U.S. businesses added jobs …
Stocks Bounce Back After Big Sell-Off Monday
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The U.S. stock market ended the day higher after suffering one of its largest declines in more than seven months yesterday. All major indexes gained as the chart above shows Consumer and financial stocks lead the board for gains today on the S&P 500. Michael Kors (KORS) jumped up 17% on the …
Heading Towards Bear Market Territory; Let’s Hope February Is A Very Short Month
1. Moving The Markets A new report on U.S. manufacturing growth was released today that showed the sector barely expanded in January. This was not a good start for trading in February and the Dow Jones Industrial Average (DJI) felt the wrath falling by more than 2% on the day. If you read the last piece I wrote at the …