[Chart courtesy of MarketWatch.com] 1. Moving the Markets I could have been a lot worse, but the major indexes found some footing late in the day and managed to limit the downside damage with the S&P making up more than half of its intra-day losses. But then again, after last week’s nice gains, a pause was in order. Weak economic …
ETF/No Load Fund Tracker Newsletter For July 31, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/07/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-07302015/ ———————————————————— Market Commentary HEIGHTENED VOLATILITY; BUT INDEXES GAIN FOR THE MONTH [Chart courtesy of MarketWatch.com] 1. Moving the Markets Despite a sharp increase in volatility during July, the S&P 500 managed to regain its footing to close out the month with a 2% advance …
Treading Water
[Chart courtesy of MarketWatch.com] 1. Moving the Markets At the end of the trading session, the S&P 500 had hardly moved, despite some volatility early on, as the chart above shows. A mixed earnings picture pretty much cancelled out any positive or negative effect on the indexes. It looks like we’re still stuck in a wide sideways pattern with the …
Bulls Extend Market Rally
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The bulls were clearly in charge, and the major indexes managed to build on yesterday’s gains with the S&P 500 pushing through the 2,100 level again by adding another 0.75%. Despite the same old useless jawboning by the Fed about their intentions, or lack thereof, of hiking rates in the fall, traders …
Reversing the Slide
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The major indexes managed to put a stop to the worst pullback since January as the markets simply got oversold. Helping to a good start early on were better-than-expected earnings by UPS and Pfizer while energy shares found some momentum to the upside and even copper managed to pull itself out of …
Chinese Stocks Drop 8.5%—Domestic Equity Slide Continues For 5th Day
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Blame it one the Chinese. With the Shanghai index tanking some 8.5% in today, there was simply no other way to go but down. European stocks took the clue, and the German DAX dropped 2.6%. Following the leaders, the bears quickly took the upper hand in the U.S. markets and down we …