[Chart courtesy of MarketWatch.com] 1. Moving the Markets As the headline suggested, it was a tough day for all the major indexes. It was a third straight day of losses, and we saw the Dow drop a lofty 293 points by the close of trading. Are you hungry to know who the culprit was of the bearish trading session? None …
Markets Lower Anticipating Fed Meeting
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The Fed kicked off their two-day meeting today. Of course, the hot topic of late is whether or not they will raise interest rates in the near future. The general consensus around the news today is that the Fed is likely to announce that they will remain patient over the next couple …
Equities Stumble For The 5th Day
[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was the Swiss National Bank (SNB) which stunned the markets by not only removing its currency peg with the Euro but also implementing a rate cut at the same time. Swiss stocks collapsed, rates crashed while the Swiss Franc soared leaving the big boys, who were short, wondering how to possibly …
Stocks Slip Back In The Red
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The markets here in the U.S. slipped back into the red zone across the board. The S&P 500 index fell half a point, the Dow Jones industrial average fell 0.2% and the Nasdaq composite rose 0.2%. Makers of consumer staples (XLP), a category that includes everyday products like soap, diapers and cigarettes, …
Heading Towards Bear Market Territory; Let’s Hope February Is A Very Short Month
1. Moving The Markets A new report on U.S. manufacturing growth was released today that showed the sector barely expanded in January. This was not a good start for trading in February and the Dow Jones Industrial Average (DJI) felt the wrath falling by more than 2% on the day. If you read the last piece I wrote at the …
ETF/No Load Fund Tracker Newsletter For Friday, January 31, 2014
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2014/01/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-01302014/ ———————————————————— Market Commentary Friday, January 31, 2014 A BEARISH END TO A NOT SO FRUITFUL MONTH [Chart courtesy of MarketWatch.com] 1. Moving The Markets This week was filled with ups and downs in the market, as you can see from the above weekly chart. …