[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended mixed today; however, the S&P 500 once again reached a record high. That marks the 53rd record close this year. Now is not the time to be shy at the pump, because oil prices fell another 2% with crude for Friday delivery settling at $53.61 a barrel. Speaking of oil, …
Dow Ekes Out Gain
[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was nice start to a continuation of the current upward momentum but, while the S&P 500 fell back later on, the Dow managed its 37th record close of 2014. It was a Holiday shortened session on extreme light volume, so not much should be read into today’s action. Helping the indexes …
Dow Conquers 18,000 For The First Time
[Chart courtesy of MarketWatch.com] 1.Moving the Markets Markets continued their rally today following news reports of continued economic growth and the strongest consumer sentiment we have seen since 2007. The government released numbers today that showed GDP expanded at a seasonally adjusted annual rate of 5% for the three months ended September 30th. The S&P 500 gained 0.2%, the Dow …
Upward Bias Continues
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Despite a slow start, the major indexes picked up steam during mid-day with the Dow and S&P 500 closing at record levels—again. The theme that the Fed won’t be raising rates at anytime soon proved to be the driver for today’s session. This was the fourth straight day of gains, since Fed …
ETF/No Load Fund Tracker Newsletter For December 19, 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-12182014/ ———————————————————— Market Commentary Friday, December 19, 2014 MARKETS IN RALLY MODE; EARLY DECEMBER LOSSES ARE RECOUPED [Chart courtesy of MarketWatch.com] 1. Moving the Markets One look at the above 5-day chart tells the story. A sloppy beginning was followed by a strong rebound as …
Markets Roar Higher Marking Best Day Since November 2011
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Wall Street was on fire for a second straight day today as investors remained exuberant about news of continued low interest rates and low oil prices. The Dow gained 421 points today (+2.43%), marking a gain of almost 600 points in the past two trading sessions. The S&P added 2.4% and the …