[Chart courtesy of MarketWatch.com] 1. Moving The Markets Both the S&P 500 and the Dow Jones industrial average have been hitting a series of record highs this year (1,782 even and 15,821.63, respectively) as the economy allegedly improves, the Federal Reserve keeps up its bond-buying program and as U.S. companies report higher earnings. All represent feel good signs as we …
Taper Worry Is Back On
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The major indexes meandered with the Dow coming off its record high as worries about the Fed reducing its stimulus program sooner rather than later. Atlanta Fed president Lockhart threw the fly in the ointment by proclaiming that the central could cut back its bond buying program as soon as December while …
The Dow Makes Us Bow Again
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The Dow Jones has exceeded expectations once again as it rose to another all-time high today. It seems investors are “hanging 10” on the wave of momentum that the surprisingly strong U.S. jobs report created last Friday. This is a hard pill to swallow as we near year-end, because all-time highs like …
ETF/No Load Fund Tracker Newsletter For Friday, November 8, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/11/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-11072013/ ———————————————————— Market Commentary Friday, November 8, 2013 BULLS SMILE BRINGING A HEARTY SALUTE TO VETERANS DAY [Chart courtesy of MarketWatch.com] 1. Moving The Markets The major indexes all closed on a bullish note today rebounding 1%+ as the weekly chart above shows. Stocks were …
Markets Turn Red, But Twitter Stays Ahead
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Markets tumbled the most in a month as soft consumer spending growth in the third-quarter raised questions about the overall strength of the economic recovery. The BetaPro MSCI Emerging Markets Bull+ & Bear+ ETF shares are currently trading down about 3.3% on the day. Overshadowing disappointing headlines was Twitter’s more than 70% …
Index ETFs Maintain Upward Bias
[Chart courtesy of MarketWatch.com] 1. Moving The Markets European equities headed higher supported by strong readings on factories and hopes that the ECB may take additional easing steps. That proved to be a springboard for the domestic indexes which, after an early rally, pulled back and then slowly inched their way higher with the DIA reaching a closing high. Again, …