[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 …
Rate Hike Receives Warm Winter Welcome; Oil Export Ban Lifted
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Heading into decision day for the Fed, skeptics warned that an increase in rates could cause market volatility and upheaval. Well, the exact opposite happened today as it seems that Wall Street bulls viewed the Fed’s rate hike as a sign of an improving economy. The question in my mind is as …
Stocks ‘Gearing Up’ For A ‘Winter Hike’
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks jumped Tuesday with the Dow gaining 157 points as the price of crude oil rallied for a second day and Wall Street awaits the Federal Reserve’s decision Wednesday on interest rate hikes. The Federal Reserve kicked off its two-day policy meeting Tuesday, and futures are pricing in a roughly 80% chance …
Stocks Gain Ahead Of Fed Meeting; Oil Edges Higher
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks climbed at the last minute today ahead of Wednesday’s expected Fed rate hike as oil prices found some stability and edged higher. Oil sold on U.S. markets is priced slightly above $36 a barrel, up 1.7%, after futures slipped to below $35 a barrel earlier in the day. In recent days, …
ETF/No Load Fund Tracker Newsletter For December 11, 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-12102015/ ———————————————————— Market Commentary NOT AN IDEAL WAY TO ROUND OUT THE WEEK [Chart courtesy of MarketWatch.com] 1. Moving the Markets The stock market capped off its worst week since August today as oil prices set a new seven-year low and investors braced for …
Stocks Snap 3-Day Losing Streak
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks rose as Wall Street halted a three-day downturn despite another drop in oil prices. We have been confronting a variety of issues this week including plunging oil prices, global economic pressures and the likelihood that the Fed will begin raising interest rates for the first time in almost a decade at …