[Chart courtesy of MarketWatch.com] 1. Moving the Markets The bullish optimism that was powering stocks over the past month is fizzling. Caution and skepticism are poking holes in the sentiments, and the bears are slowly awakening from hibernation it seems. Whether it will be enough to end our recent Buy signal remains to be seen. Oil has resumed its decline, dropping …
Oil Ignites Equities
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets rallied today as investors reacted to a rebound in oil prices of over 5%, but hesitancy remains amidst upcoming earnings season and the race for the White House. The outlook for Q1 earnings remains bleak at present. Analysts expect a nearly 8% contraction in earnings, which would mark a third straight …
Sudden Anxiety Spooks Market
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The U.S. stock market posted its second day of losses, not due to any major market moving news, but because of anticipation of…earnings season. Earnings season kicks off a week from today (April 11th) and investor sentiment is mixed in its expectations. Many investors are speculating that Q1 growth will be minimal, …
Oil Gets Spanked And Indexes Slip—Domestic Buy Signal Confirmed
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Wall Street kicked off the week to a mediocre start after posting solid gains the week prior. Better than expected readings on jobs, manufacturing and interest rates were market movers last week. This week, Wall Street will be focusing more on economic data, such as February factory orders and the March reading …
ETF/No Load Fund Tracker Newsletter For April 1, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/03/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-03312016/ ———————————————————— Market Commentary STOCKS DROP AND POP AFTER STRONG JOBS REPORT [Chart courtesy of MarketWatch.com] 1. Moving the Markets On the surface the jobs report was received as a winner with equities tanking at first and then staging their usual comeback with the major indexes closing higher for the week. While the headline …
Waiting For The Jobs Report
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Who would have thought that markets would be in positive territory at the end of March, given the horrendous start to the year. As of the closing bell, the Dow and S&P 500 are officially both in positive territory YTD. At the pinnacle of fearing Bears may take over, which was around …