[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks surged again as Wall Street built on the Dow’s historic rally Wednesday. Order is now allegedly restored in the U.S. stock market following its first dip into correction territory in four years. Investor angst is on the decline and stock prices were again on the rise following the Dow’s nearly 620-point, …
A Rebound With Legs Or Another Dead Cat Bounce?
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The Dow rebounded big time today, surging nearly 620 points, which is its third-best daily point gain ever and best since 2008. This finally ended a painful six-day losing streak and gave Wall Street the signs of stabilization it has been craving after its worst rout in four years. Giving the markets …
Bounceback Tuesday Turns into Vicious Sell-off—China Dumps Again
[Chart courtesy of MarketWatch.com] 1. Moving the Markets This morning, China’s Shanghai index took another cliff dive at the tune of some 7.6%, but the European and U.S. markets simply ignored it as they were busy celebrating the Tuesday bounce-back, which took the Dow up by some 440 points. Unfortunately, the euphoric feeling did not last, and the major indexes …
World Equities Get Crushed By The Great Fall Of China
[Chart courtesy of MarketWatch.com] 1. Moving the Markets It all started with China’s Shanghai index dropping some 8.5% and the European markets following closely by losing some 5%. U.S. equities took a huge tumble at the opening, rallied back to almost even before succumbing to last hour selling. China has been a story in itself with their index having gained …
ETF/No Load Fund Tracker Newsletter For August 21, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/08/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-08202015/ ———————————————————— Market Commentary THE BEAR MARKET HAS ARRIVED: DOMESTIC AND INTERNATIONAL TTIs IN “SELL” MODE [Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks have been in a world of pain this week as selloffs continued. The Dow lost 531 points today, dropping to …
Equities Get Spanked In Worldwide Rout—Trend Tracking Indexes (TTIs) Slip Into Bear Market Territory
[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was a sea of red numbers crashing on world equities as Wall Street notched a third straight day of losses with the Dow plunging 358 points. When the markets closed today, the Dow sat below 17,000 for the first time since Oct. 29 last year. Fear is still percolating throughout the …