[Chart courtesy of MarketWatch.com] 1. Moving the Markets Today was a solid downward slide from yesterday’s gains on Wall Street, despite some good earnings reports from big players. Inflation worries were spread all over news outlets today as we heard reports that April’s reading on consumer inflation (+0.4%) was the highest in three years. The move higher in inflation, due …
Temporary End To Losing Streak
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Coming off a three week losing streak, the stock market kicked off the new week in rally mode as investors eyed more retail earnings, digest news related to corporate deals and await Wednesday’s release of minutes of the Fed’s April meeting. All three major indexes gained at least 1% on the day. …
Stocks Snap 3-Day Losing Streak
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks rose as Wall Street halted a three-day downturn despite another drop in oil prices. We have been confronting a variety of issues this week including plunging oil prices, global economic pressures and the likelihood that the Fed will begin raising interest rates for the first time in almost a decade at …
Big Gains On Wall Street—A New Domestic Buy On The Horizon?
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks jumped Thursday, the Nasdaq gaining 1.8% and the Dow climbing 217 points amid mixed profit results from major banks and as less-than-stellar incoming economic data lowered chances of Federal Reserve interest rate hike later this year. The rebound came a day after shares tumbled sharply after giant retailer Walmart (WMT) warned …
Earnings Drag Markets Down
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets closed lower today after a lackluster bunch of quarterly earnings reports. The reports gave a somewhat confirming nod to speculative investors that the U.S. and global economy will may experience a slowdown over the next year, As far as earnings go, Walmart (WMT) shares experienced their lowest one-day drop in nearly …
ETF/No Load Fund Tracker Newsletter For November 28, 2014
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2014/11/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-11262014/?preview=true ———————————————————— Market Commentary Friday, November 28, 2014 STOCKS EDGE OUT SIXTH STRAIGHT WEEK OF GAINS [Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks finished higher on the week, marking a sixth straight week of gains. Wall Street has been keeping a close watch …