[Chart courtesy of MarketWatch.com] 1. Moving the Markets Intense selling returned to Wall Street in afternoon trading Wednesday, pushing the Dow down 365 points and slicing 3.4% off of the tech-packed Nasdaq, dashing hopes for a third straight day of gains on Wall Street and extending the financial pain in what has been a horrific start to the year. Earlier …
Stocks Stay Afloat For Second Straight Day
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Just when it looked like stocks would never go up again, the tide shifted slightly on Monday with the Dow edging higher by 52 points, relieving some of the bearish pressure that has weighed on Wall Street since the start of the year. Now, investors are eyeing a hoped-for bounce after plunging …
Not A Horrible Day In The Market, But No Real Sunshine
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The stock market closed mixed on Monday, a welcome respite from what has been the worst start to a year ever on Wall Street, though the plunge in oil continued and sent crude prices to levels last seen in 2003. Stocks initially shrugged off more turbulence in the mainland China stock market …
ETF/No Load Fund Tracker Newsletter For January 8, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2016/01/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-01072016/ ———————————————————— Market Commentary MARKETS MELT DOWN IN WORST EVER FIRST WEEK TO START THE YEAR [Chart courtesy of MarketWatch.com] 1. Moving the Markets One look at the above chart shows the extent to which the bulls got slaughtered this week as the U.S. …
China Troubles Continue To Spank Wall Street
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Wall Street’s worst opening to a new year since 2008 got even uglier today when repeated waves of selling sent the Dow tumbling almost 400 points and the Nasdaq into correction territory amid a global stock rout that started when China halted trading in its market again following a 7% plunge. The …
China, Korea Both Impacting U.S. Markets
[Chart courtesy of MarketWatch.com] 1. Moving the Markets 2016 has been awful so far for the bulls, with the Dow logging its worst three-day stretch in a new year since the financial-crisis days of 2008. All major indexes closed at least 1.15% lower today and there were no signs of a change to come. Some news agencies are blaming the …