[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks fell in late trading and closed slightly lower as the rebound in oil prices continued and investors assessed another batch of corporate earnings reports. It was a great day for IPOs. Shares of four companies all rose on their first day of trading. Online craft company Etsy (ETSY) rose 88% to …
Markets Climb On Positive Earnings Reports
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Netflix (NFLX) was all over the news today. The stock surged more than 12% today after the public welcomed earnings news that the company’s revenue jumped 24% and membership surpassed 60 million global users. The Nasdaq composite index reacted accordingly, jumping back above the 5000 mark for the day to close at …
Indexes Close Mixed As Energy Stocks Rally On Higher Oil Prices
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The major indexes closed mixed as energy stocks rallied on higher oil prices, which tech stocks lagged. The Dow moved back above 18,000, but there was no real momentum of note in trading today. Wells Fargo (WFC) reported that first-quarter earnings fell to $5.8 billion, or $1.04 per share. The results beat …
Stocks Fall As Earnings Season Gets Underway
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Equities fell as investors look ahead to a busy week of earnings and economic data. The stock market is coming off its second straight week of gains, and its next move will be determined largely by what corporate CEOs say about the earnings outlook for the rest of 2015. Remember that a …
ETF/No Load Fund Tracker Newsletter For April 10, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/04/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-04092015/ ———————————————————— Market Commentary Friday, April 10, 2015 STOCKS END THE WEEK ON A SOLID NOTE; BLACKSTONE DEAL GOES THROUGH [Chart courtesy of MarketWatch.com] Moving the Markets Stocks rose for a third straight day Friday as the Dow rallied nearly 100 points and jumped back …
Indexes Make Late Day Swing To Close Positive
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Gains were led mostly by energy stocks as oil prices rebounded slightly after Wednesday’s steep decline. U.S. benchmark crude rose 0.7% to $50.84 a barrel after plunging 6% the previous day on a larger-than-expected inventory build-up. In tech, shares of Altera (ALTR) rose and Intel (INTC) fell on reports that Intel has …