[Chart courtesy of MarketWatch.com] 1. Moving the Markets 2016 has been awful so far for the bulls, with the Dow logging its worst three-day stretch in a new year since the financial-crisis days of 2008. All major indexes closed at least 1.15% lower today and there were no signs of a change to come. Some news agencies are blaming the …
Markets Fail To Impress; Bulls Still Hoping For ‘Santa Claus Rally’ To End The Year
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks fell and oil prices took a tumble Monday, as the S&P 500 index kicked off the final week of the year by slipping back into the red in a volatile year that has made it tough for U.S. stocks to make much headway. Energy stocks led the declines as the recent …
The Morning After: Bulls On Fed Hike Take A Hike
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Wall Street’s enthusiasm over the Federal Reserve’s interest rate hike proved short-lived as stocks sold off sharply today, led by the energy sector, after oil prices fell below $35 a barrel. Although equities rallied briefly at the opening bell and looked ready to build on a three-day winning streak, the gains quickly …
Equities Gain Slightly In Anticipation Of Earnings Week
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The Dow and S&P 500 just barely managed gains, as investors await a big week of earnings reports and reacted to data out of China showing GDP growth below 7%. The good news…after suffering its first 10% correction this summer, the Dow has rebounded in recent weeks. The blue-chip index has finished …
Stocks Continue Dropping; China Buying Big From Boeing
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks posted a second straight day of declines but trimmed earlier losses to end only slightly in the red. Stocks have been on a consistent decline since late August, since fears around China’s slowing economy and global growth in general took hold. As you know, according to my Domestic Trend Tracking …
New ETFs On The Block: ALPS Sector Leaders ETF (SLDR)
ALPS Holdings, the Denver, Colorado based fund issuer better known for its customized investment products, recently launched a product that seeks to avoid weighting anomaly in different sectors due to security mis-pricings. The newly launched ALPS Sector Leaders ETF (SLDR) is an effort by the company to avoid loss of diversification benefits associated with under– or over-weighting particular sectors. Market …