[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks closed lower today as uneasiness over a Greek debt deal and a selloff in Shanghai stocks weighed on investor sentiment. In China, stocks fell 6.5% on Thursday, with traders citing the tightening of marginal lending rules as a possible explanation. In economic news, jobless claims rose unexpectedly last week, but …
Equities Rally On Greek Hopes
[Chart courtesy of MarketWatch.com] 1. Moving the Markets In an abrupt reversal from yesterday’s pullback, the markets shifted into high gear and never looked back, as reports of alleged positive debt negotiations in Greece proved to be a sufficient driver to overcome the bearish crowd and recoup some of the losses. The main beneficiary was the Nasdaq which saw enough …
Stocks Lag After Holiday Weekend
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Well, I hope your holiday was enjoyable, because today was not for most investors. The Dow tumbled sharply and posted its worst day in May as a stronger U.S. dollar and mixed economic data rattled investors. The downturn was broad-based as all 10 of the S&P 500 sectors were lower and all …
ETF/No Load Fund Tracker Newsletter For May 22, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/05/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-05212015/ ———————————————————— Market Commentary MARKETS CLOSE LOWER FRIDAY, BUT ROUND OUT A SOLID WEEK [Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended lower ahead of the Memorial Day holiday weekend as Fed Reserve Chair Janet Yellen reconfirmed that the central bank remains on …
Stocks Fall From Intra-Day High
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended mixed after a short-lived bump, caused by the release of the minutes from the last Federal Reserve meeting, which showed a June rate hike was unlikely. Federal Reserve policymakers said last month that they were unlikely to raise interest rates in June because of the economy’s recent sluggish performance, according …
Losing Steam
[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was a struggle for the indexes today, as the upward momentum of the last few days waned and even a last hour rebound lacked spunk and turned out not to be enough for the S&P and Nasdaq to cross above the unchanged line. Energy stocks sold off sharply as oil prices …