[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets took a quick but short dive after the Fed’s announcement that its monthly bond buying program had come to an end. The major indexes recovered into the close but ended up on the south side of the unchanged line. The end of this quantitative easing program came as expected with the …
Major Indexes Up Above 1% On Solid Earnings Reports
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Equities rocketed upwards today after investors were encouraged by multiple solid earnings reports as well as a rise in consumer confidence. The Dow gained 1.12% and closed about 17,000 for the first time since October 3rd. The S&P 500 rose 1.19% and the Nasdaq led the pack gaining 1.74%. Tech stocks in …
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 …
ETF/No Load Fund Tracker Newsletter For October 24, 2014
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2014/10/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-10232014/ ———————————————————— Market Commentary Friday, October 24, 2014 STOCKS POLISH OFF A SOLID WEEK OF GAINS AMIDST VOLATILITY [Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks finished notably higher on the week driven by solid U.S. economic data and corporate earnings reports. The 4.15% …
Markets Back On Top After Strong Earnings Reports Continue
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Equities got a major boost today from a bunch of strong earnings reports from companies such as Caterpillar (CAT) and General Motors (GM). The S&P 500 rose 1.24%, the Nasdaq gained 1.6% and the Dow ended up 1.32%. Airline stocks fared well today as both Southwest (LUV) and United Continental (UAL) came …
Markets Break 4-Day Winning Streak
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets fell from their 4-day winning streak today as the S&P 500 gave back 0.74%, the Dow dropped 0.93% and the Nasdaq declined 0.83%. The Dow is now officially back in the red for the year. Despite the slide today, the market remains in better shape than it was a week earlier, …