[Chart courtesy of MarketWatch.com] 1. Moving the Markets The ticking sounds of the countdown clock to the Fed’s interest rate hike are getting louder it seems. The stock market closed lower today after minutes from the Fed’s last policy meeting showed the central bank was “approaching” its first rate hike in nearly a decade. Rates near 0% and cheap borrowing …
Markets Still Moving Sideways; Housing Continues To Perform
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Equities closed lower today after a big earnings miss from Walmart (WMT) and continued concerns over China’s capital markets. All three major indexes here in the U.S. lost and gave back some of Monday’s gains. Investors were cautious in their trading all day after Walmart reported adjusted quarterly earnings of $1.08, which …
Equities Rebound From Early Drop
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The major indexes overcame an early drop, with the S&P 500 visiting the 2,079 level, at which point the bulls took over and managed to push the index back above the 2,100 mark. Homebuilders were the leaders, although volume was extremely light with anxiety being present about the intentions of the Fed …
ETF/No Load Fund Tracker Newsletter For August 14, 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-08132015/ ———————————————————— Market Commentary INDEXES CLOSE UP FOR THE WEEK [Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. equities closed higher today to round out a week filled with volatility. The major indexes hit session highs less than an hour ahead of the closing …
Indexes Mixed As Volatility Remains High
[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was another choppy day with the S&P slipping right out of the gates, finding some traction and rallying above the unchanged line but giving back its gains into the close. The energy sector got spanked again while consumer discretionaries were the bright star today. We’re still stuck as Wall Street finds …
Stocks Stay Above Board After China Currency Shift
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks had a “9th inning rally” today, as they were able to overcome substantial early day losses and close higher across the board. Investors were anxious as the day began, given the recent devaluation of the RMB and the rising concerns about the health of China’s wobbly economy. Given China’s clout …