[Chart courtesy of MarketWatch.com] 1. Moving the Markets In a stunning reversal from yesterday’s sell-off, the likes of which I have described as typical in bear markets featuring big down days followed by big updays without clear long-term direction, oil rallied and pulled the indexes out of the doldrums with the S&P 500 reclaiming the 1,900 level. To be fair, …
Oil Pushes Markets Down A Slippery Slope
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Oil continues to be the dominant market mover in the early days of 2016. Stocks ended lower Monday as oil prices dropped more than 7% and fell back to around $30 a barrel. The drop in oil prices of late is mostly due to global oversupply. It appears that none of the …
ETF/No Load Fund Tracker Newsletter For January 22, 2016
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2016/01/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-01212016/ ———————————————————— Market Commentary DIGGING OUT OF A HOLE [Chart courtesy of MarketWatch.com] 1. Moving the Markets Wall Street stocks scored a second day of gains Friday after a steep sell-off earlier in the week as oil prices bounced sharply higher and investors banked on …
Oil & ECB Move Markets Higher
[Chart courtesy of MarketWatch.com] 1. Moving the Markets After Wednesday’s wild ride and sizable stock market reversal that limited losses, Wall Street attempted a rebound Thursday with the Dow rising triple digits after oil jumped 5% and European stocks rallied on ECB stimulus talk. Wall Street kicked off the session wondering if yesterday’s big drop and late-day comeback was a sign of …
Tickets On Sale Now For The Wall Street Roller Coaster!
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Wednesday was a wild roller coaster ride on Wall Street, with stocks moving off of earlier, huge losses and the Nasdaq almost landing in positive territory. The sell-off that has engulfed global stock markets early in 2016 intensified from the market open, with the Dow plunging as much as 565 points and oil breaking below …
Equities End Mixed As Crude Oil Slides
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The major U.S. stock indexes kicked off the trading week in a mixed fashion. U.S. stocks, still reeling from its worst yearly start ever, were able to close mostly higher in a bumpy trading session as traders shook off fears after China’s 2015 economic growth hit its lowest level in 25 years, …