[Chart courtesy of MarketWatch.com] Global economic optimism, courtesy of a stronger-than-expected read on Chinese August exports and a sharp upward revision to Japan’s 2Q GDP growth, helped to propel stocks to start the week. U.S. markets closed sharply higher on Monday, with the Nasdaq ending at its highest level since September 2000. Sentiment was also lifted by merger activity and …
ETF/No Load Fund Tracker Newsletter For Friday, September 6, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/09/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-09052013/ ———————————————————— Market Commentary Friday, September 6, 2013 CALM BEFORE THE STORM? U.S. equity markets closed the trading day near the flat line, bouncing back from their early session lows, which may have been due to an increase in geopolitical strain as President Obama was …
Three Days Of Gains In A Row
[Chart courtesy of MarketWatch.com] The U.S. equity markets extended their winning ways for a third-straight session, with benchmark indexes staging the longest rally since July, as some favorable employment reports and a record high reading in services sector activity suggested that investors may be expecting the Federal Reserve to begin tapering its asset purchases later this month. Meanwhile, gold sank …
Bulls March On Powered By Good Data
[Chart courtesy of MarketWatch.com] Domestic stocks rallied to close higher for a second-straight session, led by automakers and technology companies, as a Senate panel voted to authorize military action in Syria and on the heels of the Federal Reserve releasing an upbeat Beige Book report. The S&P 500 settled higher after regaining its 100-day moving average shortly after the open. …
Major Indexes Edge up Cautiously On Upbeat Economic Data
[Chart courtesy of MarketWatch.com] U.S. equities bounced off afternoon lows to finish in the positive but were far off session highs in choppy action, as investors received many market moving news. Catalysts included upbeat manufacturing reports out of the U.S., China, and Europe with the increasing likelihood of a US-led military response toward Syria, as House Speaker Boehner said that …
ETF/No Load Fund Tracker Newsletter For Friday, August 30, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/08/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-08292013/ ———————————————————— Market Commentary Friday, August 30, 2013 MAJOR INDEX ETFS END AUGUST ON DOWN NOTE U.S. stocks snapped their recent two-day winning streak to fall in a thinly traded session as the S&P 500 index recorded its worst loss since May 2012. Stocks struggled …