[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended at par today as Wall Street reacted to a resumed slide in oil prices and braced for the Federal Reserve’s decision Wednesday on interest rates. A major driver of the recent stock market rally has been a sharp rebound in oil prices. But U.S.-produced crude has reversed course the past …
When Bad News Is Good News And Good News Is Great News
[Chart courtesy of MarketWatch.com] 1. Moving the Markets As I was scanning the early news on MarketWatch, I cam across the headline “Wall Street gains as weak data spurs stimulus,” which was later removed and replaced with “Wall Street surges as data points to economic recovery” confirming that according to MSM bad news is good news and good news can …
Indexes Slide Further Amidst Big Name Earnings Reports
[Chart courtesy of MarketWatch.com] 1. Moving the Markets After suffering mild losses the day before, U.S. stocks fell deeper in the red today as traders encountered another big day of earnings reports, with blue chip names Coca-Cola, Boeing, American Express and General Motors releasing third-quarter results. In earnings news, Coca-Cola (KO) profit fell in the third quarter but earnings still …
ETF/No Load Fund Tracker Newsletter For June 13, 2014
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2014/06/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-06122014/ ———————————————————— Market Commentary Friday, June 13, 2014 INDEXES SHOW SOME ENTHUSIASM ON FRIDAY, BUT NOT ENOUGH TO MAKE IT A GOOD WEEK OVERALL [Chart courtesy of MarketWatch.com] 1. Moving The Markets The major indexes posted bounced back modestly today, but the recovery was not …