[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks rallied after three straight days of losses for the S&P 500 and Dow, which on Thursday logged a new closing high and jumped nearly 200 points. In market movers today, Facebook (FB) climbed 3.7%. The jump added to a 1.3% gain yesterday after the company reached a deal with New York …
Markets Can’t Keep The Momentum Going
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks fell as Wall Street failed to extend Friday’s strong jobs-fueled rally, and a drop in oil prices helped push energy stocks sharply lower. U.S. benchmark crude fell 26 cents to $59.13 a barrel and shares of ExxonMobil (XOM) dropped 1.7% and Chevron (CVX) fell 1.2% accordingly. In M&A news, today we …
A True “Hump Day” Of Ups And Downs
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks closed lower as investors digested weaker-than-expected economic growth and the latest statement from the Federal Reserve that indicated policymakers were still grappling with when to begin raising interest rates. Continuing with Fed matters, The Federal Reserve gave a slight signal today that it could raise interest rates at any meeting, opening …
Indexes Make Late Day Swing To Close Positive
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Gains were led mostly by energy stocks as oil prices rebounded slightly after Wednesday’s steep decline. U.S. benchmark crude rose 0.7% to $50.84 a barrel after plunging 6% the previous day on a larger-than-expected inventory build-up. In tech, shares of Altera (ALTR) rose and Intel (INTC) fell on reports that Intel has …
Stocks In Rally Mode
[Chart courtesy of MarketWatch.com] 1. Moving the Markets For the second day in a row, the major indexes closed higher, but today the gains were solid as, after a strong opening, stocks never looked back and managed to add to their early gains. Helping matters were reports from China over the weekend that the PBOC saw “more room” for accommodating …
ETF/No Load Fund Tracker Newsletter For March 13, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/03/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-03122015/ ———————————————————— Market Commentary Friday, March 13, 2015 STUMBLING ON A ROCKY ROAD [Chart courtesy of MarketWatch.com] 1. Moving the Markets Yesterday’s great rebound smelled like a dead cat bounce just 24 hours later, as the major indexes hit reverse but managed to cut losses …