[Chart courtesy of MarketWatch.com] 1. Moving the Markets The all too familiar mantra pushed indexes higher with the S&P conquering the 2,100 level again. Equities rallied because economic outlook is fragile, bond yields are dropping, US manufacturing is extremely weak and suddenly the odds for a December rate hike are heading south. In other words, the markets rallied in the …
Stocks Fail To Impress Post-Thanksgiving Holiday
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks traded modestly lower Monday as Wall Street kicked off a big week with investors eyeing Cyber Monday sales, a key bankers meeting in Europe Thursday that could result in more stimulus efforts and the monthly U.S. jobs report on Friday. Heading into today’s trading session, which marks the final day …
ETF/No Load Fund Tracker Newsletter For November 27, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/11/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-11252015/ ———————————————————— Market Commentary A NON-EVENTFUL WEEK WITH A VOLATILE ONE AHEAD [Chart courtesy of MarketWatch.com] 1. Moving the Markets It was a slow week with no market moving events as the Thanksgiving Day and the short session on Friday combined to reduce momentum in …
Going Nowhere
[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was a slow pre-Holiday session with the major indexes trending to the upside intraday but ending just about unchanged. Volume was extremely low. Economic data were mixed but Wall Street still believes that the Fed remains on track to raise rates. All eyes are on next week’s jobs report which, should …
Major Indexes Stay Afloat Amidst Terrorism
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The 3 major u.s. benchmarks eked out small gains today by the closing bell, as geopolitical risk weighed on financial markets. The shooting of a Russian fighter jet by turkey entrenched the post-paris terrorism threat and coming interest rate hikes on wall street’s worry list today. The latest geopolitical flash drove stock …
Markets Quiet After Booming Week
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Wall Street, coming off its best weekly gain of the year, which was preceded by its worst one, kicked off the Holiday-shortened week in a cautious mood, as investors digested a record deal in the pharmaceutical space and kept a close eye on Europe, where the terrorism threat remains real. It seems …