[Chart courtesy of MarketWatch.com] 1. Moving the Markets The major indexes overcame an early drop, with the S&P 500 visiting the 2,079 level, at which point the bulls took over and managed to push the index back above the 2,100 mark. Homebuilders were the leaders, although volume was extremely light with anxiety being present about the intentions of the Fed …
Indexes Mixed As Volatility Remains High
[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was another choppy day with the S&P slipping right out of the gates, finding some traction and rallying above the unchanged line but giving back its gains into the close. The energy sector got spanked again while consumer discretionaries were the bright star today. We’re still stuck as Wall Street finds …
China Devalues; Global Markets In Retreat Mode
[Chart courtesy of MarketWatch.com] 1. Moving the Markets For the time being, today’s pullback makes yesterday’s big advance look like a dead cat bounce. Just as the bulls had taken charge, the rug was pulled out from under them as the Chinese devalued the Yuan sending world markets reeling. This brought up concerns as to whether the slowdown in China …
Dow Breaks Seven Day Losing Streak; Buffet Deal Tops Headlines
[Chart courtesy of MarketWatch.com] 1. Moving the Markets We have all been wondering when the Dow was going to move back into positive territory after a seven day losing streak. Well, today investors had their rally caps on apparently. The Dow jumped 242 points It was the biggest gain for the blue-chip index since May 8. The Dow recouped a …
ETF/No Load Fund Tracker Newsletter For August 7, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/08/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-08062015/ ———————————————————— Market Commentary MAJOR INDEXES SLIP DURING VOLATILE WEEK [Chart courtesy of MarketWatch.com] 1. Moving the Markets During this volatile week, the Dow managed to head for its longest slide in some 4 years with bio-techs, commodities and oil leading the trend towards bear …
Dow Falls For Fourth Straight Day
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Shares of Apple (AAPL) fell 3.2%, making it the biggest losing stock of the Dow. The tech giant is under pressure as worries about an economic slowdown in China raises concerns about its biggest growth market. On the economic front, investors continue to focus (speculatively) on when the Fed will boost interest …