[Chart courtesy of MarketWatch.com] 1. Moving the Markets The resurgent U.S. stock market kicked off the holiday-shortened week by slightly extending last week’s gains as investors digested a big rally that has turned stocks positive for the year and reacted to deals in the hotel, paint and data businesses. A flurry of M&A deals announced Monday gave an assist, including Starwood Hotels …
ETF/No Load Fund Tracker Newsletter For March 18, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/03/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-03172016/ ———————————————————— Market Commentary DOW POSTS SIX DAY STREAK; MARKETS ON A ROLL TO CLOSE THE WEEK [Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks jumped Friday as Wall Street continued its recent rally with the Dow rising for a sixth straight day as it pushed further into positive territory for the year. The …
Crude Oil Drives Indexes
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Another rally in crude oil prices boosted energy, while residual goodwill after a dovish Federal Reserve meeting powered broader markets higher. Early in the day, the Dow Jones industrial average crossed into positive territory for the first time this year and stayed there, capping a remarkable comeback from Wall Street’s worst ever …
Fed Moves Markets—Domestic TTI Touches Its Trend Line
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks rallied modestly after the Federal Reserve left interest rates unchanged and signaled more gradual increases.Wall Street had expected the Fed to keep rates unchanged, but wanted clues as to the timing of the Fed’s next rate increase. The Fed lowered its plan to possibly two more hikes this year, down from four, for a …
Waiting For The Fed
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended at par today as Wall Street reacted to a resumed slide in oil prices and braced for the Federal Reserve’s decision Wednesday on interest rates. A major driver of the recent stock market rally has been a sharp rebound in oil prices. But U.S.-produced crude has reversed course the past …
Going Sideways
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The Dow, which is looking to extend its weekly winning streak to five, traded slightly higher as investors looked ahead to a key Fed meeting on interest rates later this week. We have a big week ahead of us. The Federal Reserve meets Tuesday and Wednesday and Wall Street will be closely monitoring its …