[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks jumped Thursday, the Nasdaq gaining 1.8% and the Dow climbing 217 points amid mixed profit results from major banks and as less-than-stellar incoming economic data lowered chances of Federal Reserve interest rate hike later this year. The rebound came a day after shares tumbled sharply after giant retailer Walmart (WMT) warned …
Earnings Drag Markets Down
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets closed lower today after a lackluster bunch of quarterly earnings reports. The reports gave a somewhat confirming nod to speculative investors that the U.S. and global economy will may experience a slowdown over the next year, As far as earnings go, Walmart (WMT) shares experienced their lowest one-day drop in nearly …
Seven Day Streak Snapped; Earnings Disappoint
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The Dow’s seven day winning streak was snapped today as stocks sank on fresh data showing China’s economy is slowing and investor angst amid the third-quarter earnings season. The latest news out of China reaffirms fears of a slowdown in the world’s second-largest economy and again has everbody wondering whether the slowdown …
Markets Keep Climbing On Columbus Day
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The Dow Jones industrial average, coming off its biggest weekly gain since February, ended modestly higher to post its seventh-straight session of gains as Wall Street awaited the barrage of corporate earnings reports, which begin tomorrow. The S&P 500 and Nasdaq both performed well today also. The question remains: “Is this a …
ETF/No Load Fund Tracker Newsletter For October 9, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/10/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-10082015/ ———————————————————— Market Commentary MARKETS FULL STEAM AHEAD TO ROUND OUT RALLY [Chart courtesy of MarketWatch.com] 1. Moving the Markets The Dow extended its recent rally to six sessions as stocks keep heading higher following the release of minutes of the Fed’s meeting last month …
Rally Continues On Wall Street; Alcoa Disappoints
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The stock rally on Wall Street picked up steam Thursday as investors focused on the Federal Reserve’s continued worries about low inflation after the release of minutes from the Fed’s latest policy meeting. The Dow and S&P 500 had earlier flirted above and below the break-even marks of 17,000 and 2,000. But …