[Chart courtesy of MarketWatch.com] 1. Moving the Markets Wall Street was on fire for a second straight day today as investors remained exuberant about news of continued low interest rates and low oil prices. The Dow gained 421 points today (+2.43%), marking a gain of almost 600 points in the past two trading sessions. The S&P added 2.4% and the …
All Smiles As Markets Close On Wednesday
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Today’s trading closed with smiles on most everyone’s face in Wall Street as the Dow and S&P 500 had one of their best point gains of the year. The Dow gained 1.69%, the S&P 500 rose a whopping 2.04% and the Nasdaq rose ahead of the pack gaining 2.11%! Markets were driven …
Stocks And Russian Ruble Continue Struggling
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks were up and down substantially throughout the day, but ultimately closed lower across the board, marking losses for the six of the past seven days. The Dow dropped 0.7%, the S&P 500 fell 0.8% and the Nasdaq ended 1.2% lower. West Texas Intermediate crude oil dropped to $53.60 a barrel early …
Markets Slip On Oil; Petco To Be Bought For $8.7MM
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets continued to slide further downward today, driven lower in particular by the drop in oil prices and energy stocks. U.S. crude fell 3.3% to settle at $55.91, hitting fresh 5-1/2 year lows. Both U.S. crude and Brent have fallen nearly 50 percent from highs in June. Today, all major indexes retreated …
ETF/No Load Fund Tracker Newsletter For December 12, 2014
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2014/12/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-12112014/ ———————————————————— Market Commentary Friday, December 12, 2014 MARKETS END LOWER ON THE SECOND WEEK OF DECEMBER [Chart courtesy of MarketWatch.com] 1. Moving the Markets After seven consecutive weeks higher, stocks fell as they took their lead from poor global economic data and declining oil …
A Pump And Dump Kind Of Day
[Chart courtesy of MarketWatch.com] 1. Moving the Markets As the chart above clearly shows, the major indexes went off to races right at the opening as upbeat, although severely seasonally adjusted, retail sales figures lead the way to a sharp rebound rally overcoming yesterday’s bearish tendencies. Hope for a strengthening economy based on optimism that the consumer had not died …