[Chart courtesy of MarketWatch.com] The bulls simply don’t know how or when not quit as stocks ended Tuesday’s session on a modestly higher note in the face of another day of mushy global economic data. The Dow Jones Industrial Average moved up 21 points (or 0.1%) to 14,839, the Nasdaq Composite gained 22 points (0.7%) to 3,329, and the Standard …
Markets Hit New Record Though It Was A One-Sided Affair
[Chart courtesy of MarketWatch.com] Stocks climbed throughout the session today to kick off the week with solid gains despite mixed economic data. The Standard & Poor’s 500 Index rose 11 points to 1,594 surpassed its previous record close set earlier this month. Growth-oriented stocks, including energy and technology, lead the way to the index’s sixth rise in the past seven …
ETF/No Load Fund Tracker Newsletter For Friday, April 26, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/04/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-04252013/ ———————————————————— Market Commentary Friday, April 26, 2013 UNINSPIRING GDP GROWTH DRAGS DOWN THE BULL The major averages entered the weekend on a mixed note following a lackluster result on 1Q US GDP growth and a slew of below average earnings releases. The Standard & …
Positive Data Equals Another Consecutive Day of Gains
[Chart courtesy of MarketWatch.com] The Standard & Poor’s 500 Index extended its rally to a fifth day as major U.S. equity indices closed the trading day positive. For much of Thursday, markets were boosted by a number of earnings beats and encouraging jobless numbers from the Labor Department; but gave back some gains late after reports that Germany’s central bank …
Index ETFs Fail to Find Direction; Mixed Finish
[Chart courtesy of MarketWatch.com] Investors are left with little convictions as a result of disconcerting earnings results and a disappointing read on US durable goods orders. The market closed marginally lower at the Dow while extended gains in the Standard & Poor’s 500 Index to a fourth day. More than three stocks rose for every two that fell on U.S. …
Markets Crash Briefly Over White House Bomb Fake
[Chart courtesy of MarketWatch.com] Equities logged a third straight day of gains in late trading Tuesday. Midday, the indexes took steep nosedive (see chart above) following a false AP tweet that indicated that the White House had been the victim of an explosion and that President Obama had been injured. AP confirmed its Twitter account was hacked. Almost immediately following …