[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks fell and oil prices took a tumble Monday, as the S&P 500 index kicked off the final week of the year by slipping back into the red in a volatile year that has made it tough for U.S. stocks to make much headway. Energy stocks led the declines as the recent …
Gaining For The Third Day On A Rebound In Oil
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Again, jumping oil prices were the driving force behind today’s rally as the indexes managed to extend gains for the third day in a row almost wiping out the “post interest rate” losses of last week. Global crude prices soared after inventory dropped an unexpected 5.9 million barrels last week reviving hope …
Crude Oil Bounces And Pushes Indexes Higher
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Finally, crude oil showed some signs of life by bouncing off its multi-year lows and gaining 1% for the day. The effect on the major indexes was a positive one as they got pulled higher along with all 10 S&P sectors despite the plunge in existing home sales (-10.5%). Still, extreme December …
Rallying Into The Close
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Oil prices headed south again but investors did not care as domestic indexes were mixed early on but suddenly rallied into the close as choppiness prevailed. There was no news event supporting the sudden intra-day trend reversal as energy showed continued weakness and European markets suffered a severe sell-off. With the volatility …
ETF/No Load Fund Tracker Newsletter For December 18, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/12/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-12172015/ ———————————————————— Market Commentary EQUITIES GET SPANKED BY SLIDING CRUDE PRICES AND OPTIONS EXPIRY [Chart courtesy of MarketWatch.com] 1. Moving the Markets One look at the above chart tells the story. The euphoric “Fed High” did not last, the morning after hangover sat it …
The Morning After: Bulls On Fed Hike Take A Hike
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Wall Street’s enthusiasm over the Federal Reserve’s interest rate hike proved short-lived as stocks sold off sharply today, led by the energy sector, after oil prices fell below $35 a barrel. Although equities rallied briefly at the opening bell and looked ready to build on a three-day winning streak, the gains quickly …