[Chart courtesy of MarketWatch.com] 1. Moving the Markets Who would have thought that markets would be in positive territory at the end of March, given the horrendous start to the year. As of the closing bell, the Dow and S&P 500 are officially both in positive territory YTD. At the pinnacle of fearing Bears may take over, which was around …
Follow Through Buying Elevates Indexes—Domestic TTI Closes In On A New “Buy”
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets remained strong the day after Janet Yellen stressed that the central bank will remain “cautious” in its approach to raising interest rates. In case you missed it, “cautious” means being accommodative to the financial markets no matter what. Helping stocks higher today was another decline in the value of the U.S. dollar …
The Fed Blinks—Markets Rally
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Both the Dow and S&P 500 closed at high water marks for 2016. Movement upward today was driven mostly by Janet Yellen’s speech today in New York wherein she said the central bank will “move cautiously” on interest rate hikes. The “cautious” stance is mostly due to risks of a weak global …
Quiet Monday After Easter; GM Moves Towards Autopilot
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The major indexes closed moderately higher after a day with little volatility. Perhaps the hesitance in markets today was the fact that investors are waiting to react to more economic news this week that will provide further insight into the state of the slumping domestic economy. Today, we received reports on personal …
ETF/No Load Fund Tracker Newsletter For March 24, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- https://theetfbully.com/2016/03/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-03242016/ ———————————————————— Market Commentary MARKETS UNCHANGED FOR THE DAY BUT DOWN FOR THE WEEK [Chart courtesy of MarketWatch.com] 1. Moving the Markets Heading into the long weekend, U.S. stocks showed weakness amid renewed talks of a coming interest rate hike from the Federal Reserve, a resurgent dollar and falling oil prices, putting an end to their five-week winning …
Markets Slip On Oil Pullback
[Chart courtesy of MarketWatch.com] 1. Moving the Markets There wasn’t a lot of news for the markets to react to today, so reactionaries moved back to their fallback…oil prices. Oil prices were down more than 3% after the U.S. government reported a crude build three times above analysts’ expectations. Virgin America stole a number of headlines today after news reports stated …