[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 …
Markets Up—But Stocks Worst Qtr In 4 Years
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended sharply higher on the last day of a rough third quarter, but that shouldn’t overshadow the fact that Wall Street still posted its worst quarterly performance in four years, a quarter in which both of our Trend Tracking Indexes (TTIs) closed below their long-term trend lines, and in bear market …
Bearish Momentum Accelerates
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks tumbled, for the 5th day in a row, to kick off the new week in the red, as Wall Street reacted to fresh data showing China’s economy is in slowdown mode, overshadowing a big deal in the hard-hit energy patch. Blue chips comprising the Dow temporarily ducked below 16,000 at one …
ETF/No Load Fund Tracker Newsletter For September 25, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/09/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-09242015/ ———————————————————— Market Commentary UNCERTAINTY REMAINS [Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended the week on a mixed note despite a big early rally Friday after Federal Reserve Chair Janet Yellen’s comments about a potential rate hike. Yellen gave stocks a broad …
Early Rally Fades And Falls
[Chart courtesy of MarketWatch.com] 1. Moving the Markets An early rally on Wall Street faded as stocks gave back all of their gains and fell hard — with the Dow plunging more than 200 points as it finished on the losing end of a 411-point swing. Stocks initially surged at the open and followed a major move higher in Japan, …