[Chart courtesy of MarketWatch.com] U.S. equity markets were unable to extend recent gains as stocks closed the trading session lower on the heels of yesterday’s record setting performances for the Dow and S&P. In economic news, the Federal Reserve announced no changes to its asset purchase program, leaving the target for the fed funds rate unchanged near zero. Trading was …
Bulls Continue Record Run
[Chart courtesy of MarketWatch.com] Despite a mixed bag of data from the earnings and economic fronts, and the Federal Reserve’s monetary policy decision on the horizon, U.S. equities notched further gains today. The S&P 500 continued to set records and registered its fourth consecutive advance to extend its October gain to 5.4%. Treasuries finished unchanged following the deluge of data, …
Stocks Little Changed On Upcoming Fed Decision
[Chart courtesy of MarketWatch.com] The U.S. markets finished mixed and near the flatline, as traders look toward a barrage of earnings and economic data this week, headlined by the Fed’s monetary policy decision on Wednesday. The S&P 500 closed at another record high on Monday as expectations were high that the Fed will keep its stimulus in place when it …
ETF/No Load Fund Tracker Newsletter For Friday, October 25, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/10/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-10242013/ ———————————————————— Market Commentary Friday, October 25, 2013 ANOTHER DAY, ANOTHER NEW HIGH U.S. equity markets ticked higher on Friday, cementing a third-straight week of gains, aided by Amazon.com’s stronger-than-forecasted revenues and a trouncing of analysts’ quarterly estimates by Dow member Microsoft. Meanwhile, investors mulled …
Index ETFs Back On Track As Fears Of Tapering Recede
[Chart courtesy of MarketWatch.com] Domestic equity ETFs closed the trading session nicely higher, putting the Standard & Poor’s 500 Index three points from a record, in the wake of a stronger-than-forecasted read on Chinese manufacturing activity and as another plethora of earnings reports flooded the Street. Treasuries were slightly lower following a report that showed initial weekly jobless claims came …
China And CAT Take Down Bulls
[Chart courtesy of MarketWatch.com] Following four-straight sessions of record highs for the S&P 500, domestic equities finished the session in negative territory on Wednesday as shares of heavy-equipment maker Caterpillar and semiconductor companies tumbled after they reported earnings. Moreover, Chinese liquidity and banking concerns along with uncertain domestic earnings reports weighed on sentiment. Meanwhile, Treasuries were mixed following reports that …