[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 …
ETF/No Load Fund Tracker Newsletter For December 5, 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-12042014/ ———————————————————— Market Commentary Friday, December 5, 2014 BULLS REMAIN IN FULL FORCE TO CLOSE OUT THE WEEK [Chart courtesy of MarketWatch.com] 1. Moving the Markets The Dow and S&P 500 closed the week higher on strong economic data. The Dow, closing today at 17,958.79 …
Stocks Move Into The Red On ECB’s Decision To Hold Off On Stimulus
[Chart courtesy of MarketWatch.com] 1. Moving the Markets If you read the article yesterday, then you may remember me mentioning that investors would be paying close attention to the ECB’s move on buying bonds to stimulate the Eurozone. Well, today we heard that the European Central Bank decided not to implement a U.S. style stimulus and markets took a small …