[Chart courtesy of MarketWatch.com] 1. Moving the Markets Gains today put both the S&P 500 and Dow back into positive territory for the year. Eyes were focused on tentative announcements from the Fed regarding their stress testing on top U.S. lenders, which exceeded expectations. The conclusions were that 29 of the 31 top banks all passed with flying colors. Investors …
Selloffs Drag Markets Lower
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets experienced one of the largest sell-off in equities over the past two months. A rising dollar value and declines in tech companies stock seemed to be the major culprits today. In tech Cisco Systems Inc. (CSCO) took a hit for the sixth time in seven days, suffering its largest daily decline …
Major Indexes Hit The Skids
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Pricing in a potential rate hike by the Fed came home to roost as the Dow suffered its worst one-day point drop in some five months. Despite some central banks starting a quantitative easing path, such as the ECB, there was simply no support, and the major indexes went negative YTD. Europe’s …
Markets Full Steam Ahead To Begin The Week
[Chart courtesy of MarketWatch.com] 1. Moving the Markets All major indexes closed higher to kick off the week of March 9th, apparently bullish on some tech stocks, Apple (AAPL) in particular. More details came out today on Apple’s newest gadget – The Apple Watch. Apple is looking to extend its dominance on mobile devices with the new gadget which Cook …
ETF/No Load Fund Tracker Newsletter For March 6, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/03/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-03052015/ ———————————————————— Market Commentary Friday, March 6, 2015 STOCKS CLOSE THE WEEK ON A DOWN NOTE [Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks fell sharply today as better-than-forecasted jobs data fueled anticipation that the Federal Reserve is moving closer to raising interest …
Swinging Back Into Positive Territory
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Major indexes broke their two day losing streak today. All of them closed in positive territory, pushed higher by updated news of the euro zone’s quantitative easing program. The ECB will officially begin a 1 trillion euro bond-buying program on March 9th. President Mario Draghi indicated during a press conference today that …