[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was a slow day on Wall Street today. All indexes ended slightly lower, mostly due to the fact that we heard a bit of disappointing news on the state of our economy. The government reported today that the economy grew at a slightly lower-than-expected 1.5% in the third quarter. That was …
Nasdaq Tops Record High For First Time Since 2000
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The previous record high (5,048.62), which dates back to March 10, 2000 at the prime time height of the dot-com bubble, was surpassed today by about 12 points. What does the new record high mean exactly? Well, in the simplest sense it means that the Nasdaq has finally completely recovered 15 years …
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 …
Stocks End Mixed After Record Week
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks took somewhat of a “breather” on Monday, closing mixed just after coming off the best weekly performance of the year. The biggest drag on the markets was that oil prices fell to $80 a barrel, which marks a notable decline from the $107 price in June. Sinking oil prices suggests weakening …