ETF Tracker StatSheet ————————————————————- https://theetfbully.com/2016/08/weekly-statsheet-for-the-etf-tracker-newsletter-updated-through-08112016/ ———————————————————— Market Commentary POOR ECONOMIC DATA EQUALS HIGHER STOCK PRICES [Chart courtesy of MarketWatch.com] 1. Moving the Markets If you have been listening to the Main Stream Media (MSM) reporting on the major indexes making one new lifetime high after another over the past month, you might feel like you have been left behind if …
One Man’s Opinion: Is There A Disconnect Between GDP Readings And Retail Sales Numbers?
US businesses are hiring people but are unable to get much extra output per hour of their work, and so income and sales are sluggish, said Vincent Reinhart of Standish Investment Management, a subsidiary of BNY Mellon. While unemployment rate has hit 4.9-5 percent rate, the gross domestic product reading doesn’t seem to corroborate the US jobs scenario. Asked to …
One Man’s Opinion: Do Downside Risks To The Economy Still Exist?
The latest retail sales reading that showed June sales (excluding automobiles) slipped 0.1 percent doesn’t suggest the US economy has turned a corner and the economy would be able to sustain a hike in interest rates, said Austan Goolsbee of the Chicago Booth School of Business. While global events such as the turmoil in Greece and the meltdown of Chinese …
Equities Edge Higher On Positive Retail Sales
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The S&P shot out of the gates early on and, while the index was not able to hang on to the gains, it managed to eke out 4 points for the day. All major indexes closed on the plus side. Providing momentum were improved retails sales (+1.2% in May), which supports the …
ETF/No Load Fund Tracker Newsletter For January 16, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/01/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-01152015/ ———————————————————— Market Commentary Friday, January 16, 2015 STOCKS BREAK FIVE-DAY LOSING STREAK TO END THE WEEK [Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks broke out of a slump today as we saw the Dow gain almost 200 points. While the comeback was …
Stocks Move Higher Despite Disappointing Retail Numbers
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Investors pushed markets higher as biotech shares helped counter somewhat disappointing retail sales numbers. The Commerce Department shared with us today that U.S. retail sales stalled during the month of July, which was the weakest numbers we have seen thus far in 2014. Amazingly, the major indexes rallied, as the chart above …
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