[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks generally trended higher today, mostly driven by some positive earnings announcements and economic data that showed the U.S. economy remains on track for positive growth. Housing data showed that existing home sales hit an eight-month high in June, and the U.S. Consumer Price Index also rose in June. Chipotle (CMG) continued …
Investors Still Shaky On International Concerns; A Big Day For Chipotle
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets recovered from a steep drop early on during the trading day, but were unable to climb back up to break even by the closing bell as the chart above shows. The day’s losses were pretty broad, with nine of the 10 primary S&P 500 sector indexes ending in negative territory. The …
ETF/No Load Fund Tracker Newsletter For July 18, 2014
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2014/07/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-07172014/ ———————————————————— Market Commentary Friday, July 18, 2014 MARKETS CLOSE OUT A TUMULTUOUS WEEK ABOVE WATER [Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets were up and down this week, reacting to a range of factors. Solid earnings results from many large U.S. companies, …
Downed Malaysian Passenger Jet Shakes Markets
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks seemed to have been spooked today by the news of the Malaysian passenger jet that went down in Ukraine near the Russian border. Additional news that Israel had launched a ground offensive into the Gaza Strip only added fuel to the fire, so to speak. The major indexes stumbled, as …
Dow Continues Riding High; Great Day For Media Stocks
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The Dow kept trucking forward further into record territory for a fourth straight day, ending the day up 0.5% at a new all-time high of 17,138.20. The S&P 500 and Nasdaq also rode the momentum of the blue-chip index higher, gaining 0.44% and 0.22% each. Numerous investor eyes turned to Time Warner …
Stocks Rally Early; But End Up Subdued By Yellen’s Remarks
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks were rallying early today, riding the wave up from yesterday, however, the momentum was brought to halt shortly after Janet Yellen made a comment about the stock market being “substantially stretched” in terms of valuations. The Dow ended the day barely above water by 0.03%, while the Nasdaq lost 0.5% and …