[Chart courtesy of MarketWatch.com] 1. Moving The Markets As an imminent QE wind-down is allegedly likely, Fed officials are beginning to take more seriously the proposal of a cut to the rate paid on excess reserves. The interest rate the Fed pays on excess reserves currently sits at 25 basis points. Stocks of major U.S. banks were very strong on …
The German Surplus And Some Insight Into An Overlooked ETF Segment
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Wall Street closed in the red on Wednesday as traders responded to slightly more hawkish-than-expected minutes from the Federal Reserve. Many members of the Federal Reserve’s policy-setting committee said they could see the central bank trimming its $85-billion-a-month bond-buying program at ‘one of its next few meetings,’ minutes from the October meeting …
JP Morgan Strikes Deal With U.S. Govt. Maybe They Can Pay In Bitcoins?
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks ended lower as investors digested a mixed batch of retail earnings reports and benchmark indexes struggled to surpass major milestones. However, a recovery in the U.S. housing market helped Home Depot top profit and sales estimates for the third quarter, prompting the No. 1 home improvement chain to raise its fiscal-year outlook …
The Bull Market Remains Charging Forward
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Many spectators held their breath today as both the S&P and Dow both strained to reach their all-time highs of 1,800 and 16,000 respectively. But alas, neither index could hold on to the mighty achievements as both eventually dropped to 1,791 and 15,976. Still, the Dow and S&P 500 are up more …
ETF/No Load Fund Tracker Newsletter For Friday, November 15, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/11/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-11142013/ ———————————————————— Market Commentary Friday, November 15, 2013 EQUITIES TREND HIGHER, EMPLOYMENT EXPECTED TO SIT STILL [Chart courtesy of MarketWatch.com] 1. Moving The Markets U.S. stocks climbed again, with the Dow industrials and S&P 500 knocking out a sixth week of record-clearing gains, as investors …
Markets Moving Higher; But So Do Jobless Claims
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Major U.S. market indexes moved higher as Janet Yellen, likely to win confirmation for the top post at the Federal Reserve, said the economy continues to need monetary support, bolstering expectations for prolonged stimulus measures. The S&P 500 rose 0.5% to 1,790.62 while the Dow Jones Industrial Average gained 0.4% to 15,876.22. …