[Chart courtesy of MarketWatch.com] 1. Moving the Markets Shares of Apple (AAPL) fell 3.2%, making it the biggest losing stock of the Dow. The tech giant is under pressure as worries about an economic slowdown in China raises concerns about its biggest growth market. On the economic front, investors continue to focus (speculatively) on when the Fed will boost interest …
Oil Slump Pulls Indexes Down
[Chart courtesy of MarketWatch.com] 1. Moving the Markets I could have been a lot worse, but the major indexes found some footing late in the day and managed to limit the downside damage with the S&P making up more than half of its intra-day losses. But then again, after last week’s nice gains, a pause was in order. Weak economic …
ETF/No Load Fund Tracker Newsletter For July 31, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/07/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-07302015/ ———————————————————— Market Commentary HEIGHTENED VOLATILITY; BUT INDEXES GAIN FOR THE MONTH [Chart courtesy of MarketWatch.com] 1. Moving the Markets Despite a sharp increase in volatility during July, the S&P 500 managed to regain its footing to close out the month with a 2% advance …
Treading Water
[Chart courtesy of MarketWatch.com] 1. Moving the Markets At the end of the trading session, the S&P 500 had hardly moved, despite some volatility early on, as the chart above shows. A mixed earnings picture pretty much cancelled out any positive or negative effect on the indexes. It looks like we’re still stuck in a wide sideways pattern with the …
Bulls Extend Market Rally
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The bulls were clearly in charge, and the major indexes managed to build on yesterday’s gains with the S&P 500 pushing through the 2,100 level again by adding another 0.75%. Despite the same old useless jawboning by the Fed about their intentions, or lack thereof, of hiking rates in the fall, traders …
Reversing the Slide
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The major indexes managed to put a stop to the worst pullback since January as the markets simply got oversold. Helping to a good start early on were better-than-expected earnings by UPS and Pfizer while energy shares found some momentum to the upside and even copper managed to pull itself out of …