[Chart courtesy of MarketWatch.com] 1. Moving the Markets The bulls were in charge race right after the opening, and the major indexes shifted into rally mode closing on the plus side with the Nasdaq making a new record high. Despite the pullback during mid-day, we closed solidly above the unchanged line. The driving forces, as has been the case lately, …
ETF/No Load Fund Tracker Newsletter For June 19, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/06/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-06182015/ ———————————————————— Market Commentary QUADRUPLE-WITCHING-DAY PULLS INDEXES DOWN AFTER A SOLID WEEK [Chart courtesy of MarketWatch.com] 1. Moving the Markets The major indexes managed to end the day in the red yet gained nicely for the week. Contributing to today’s cautious stance was the continuing …
Shifting Into Overdrive
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Domestic stocks shifted into overdrive today rallying sharply and sending the Nasdaq and Russell 2000 to record highs, while all other major indexes scored nicely. Supporting today’s euphoria was the fact that the Fed did not only not produce any earthshaking news yesterday but also set a dovish tone in its announcement …
Fed Signals Gradual Tightening—Indexes Inch Higher
[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was a choppy session as the indexes rallied at first, pulled back mid-day, rallied again and sold off into the close but managed to stay above the unchanged line. As expected, the Fed left interest rates unchanged while the commentary pretty much remained the same as in “we’ll watch economic data” …
Finding Upward Momentum
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Finally, the major indexes found some some lost upward momentum and closed higher in the face of unsuccessful Greek talks and the widely anticipated outcome of a two-day Fed meeting the results of which will be published tomorrow. However, trading was cautious as volume remained very low. While the outcome of the …
Markets Sour To Kick Off Second Week Of June
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Global markets started the week on a softer note after talks on the Greece bailout broke down on Sunday. The Dow Jones industrial average dropped 108 points to end back in the red for 2015 as both domestic and global concerns weighed on investors. Chief concerns include the ongoing stalemate between Greece …