[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks extended losses in choppy trading amid mixed retailer sales and jobs data. In the tech world, Oracle (ORCL) stock slipped Thursday after the database leader was downgraded by Morgan Stanley and RBC Capital on valuation, worries over China’s IT spending and growing competition from cloud computing vendors. Facebook (FB) popped 5% …
Euro Continues To Climb—Equities In The Red—Facebook To Join S&P 500
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Domestic Equities posted their largest drop in a month, with traders locking in recent gains after a provisional budget deal out of Washington. The bipartisan budget agreement reached late Tuesday would end three years of political confrontations and fiscal instability in Washington. The final Fed policy statement of the year is expected …
Twitter Up, Inflation Down
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks slipped in mixed volume as investors weighed a rise in job openings against concerns that the Federal Reserve will start to withdraw stimulus. In the stock market today, Lumber Liquidators (LL) plunged 14% in huge volume, closing below its 200-day moving average, after its fourth-quarter earnings outlook came in slightly below …
Stocks Edge Slightly Higher; Sysco To Buy US Foods
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks ended slightly higher on Monday as investors awaited more clues from the Federal Reserve on whether the central bank will soon begin to wind down its economic stimulus. Perhaps the largest bit of news today was in the food industry where Sysco Corp announced it will buy US Foods Inc for …
ETF/No Load Fund Tracker Newsletter For Friday, December 6, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/12/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-12052013/ ———————————————————— Market Commentary Friday, December 6, 2013 MARKETS BACK ON TOP AFTER A SHAKY WEEK [Chart courtesy of MarketWatch.com] 1. Moving The Markets It was just one day, yet there was ample meaning wrapped up in the connection that the 10-yr Treasury note (+3/32, …
Fed Uncertainty Sends The Dow, S&P 500 Down For Fifth Day
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The Dow and the S&P 500 are in their worst stretch since September and are on track to post their first negative week since late September. However, the declines have been slight, with the S&P 500 down about 1.2 percent over the period. Gross domestic product grew at an annualized rate of …