[Chart courtesy of MarketWatch.com] 1. Moving The Markets The Nasdaq hit a new 13-year high today, while the S&P posted modest gains and the Dow fell about 0.3%. IBM’s (IBM) 3% drop was a heavy blow to the Dow. Today was a great day for eBay (EBAY), Netflix (NFLX) and F5 Networks (FFIV) after releasing their quarterly earnings for Q4 …
Stocks Remain Flat; China’s GDP Numbers Are In
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Major indices once again closed in mixed fashion with the S&P 500 gaining just 0.29%, the Dow dropping 0.27% and the NASDAQ gaining 0.68%. After today’s small gain, the S&P 500 is down 0.2% for the year. However, remember that a flat market is much better than a falling market! We received …
ETF/No Load Fund Tracker Newsletter For Friday, January 17, 2014
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2014/01/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-01162014/ ———————————————————— Market Commentary Friday, January 17, 2014 A FLAT WEEK FOR STOCKS [Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks ended the past five trading days in somewhat of a mixed state. Essentially, the S&P and Dow traded flat this week, while the …
Sluggish Day For The Indexes; A Look At The Volatility Of China ETFs
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The S&P 500 and Dow Jones Industrial Average closed lower today as lackluster fourth-quarter results came in from Citigroup (C), Goldman Sachs (GS) and Best Buy (BBY). Best Buy (BBY) reported a sales decline for the holiday season, which came as a surprise to many investors. The largest gainer of the day …
J.C. Penny Layoffs; India To Construct World’s Largest Solar Plant
[Chart courtesy of MarketWatch.com] 1. Moving The Markets One of the biggest news items today was that J.C. Penny (JCP) announced (just after the market closed) it will be closing 33 stores and cutting 2,000 jobs. The cuts will essentially result in cost savings of about $65 million according to Chief Executive Mike Ullman. The stock was down 0.86% today and …
Equities Rebound As Tesla Blazes A Trail
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks rebounded today which resulted in the S&P 500 posting its largest gain so far this year. Positive market sentiment today seemed to rally around the Fed’s Richard Fisher and Charles Plosser optimistic economic recovery as they expressed continued support for the central bank tapering. However, many investors seem to feel that …