[Chart courtesy of MarketWatch.com] The U.S. markets finished mixed and near the flatline, as traders look toward a barrage of earnings and economic data this week, headlined by the Fed’s monetary policy decision on Wednesday. The S&P 500 closed at another record high on Monday as expectations were high that the Fed will keep its stimulus in place when it …
ETF/No Load Fund Tracker Newsletter For Friday, October 25, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/10/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-10242013/ ———————————————————— Market Commentary Friday, October 25, 2013 ANOTHER DAY, ANOTHER NEW HIGH U.S. equity markets ticked higher on Friday, cementing a third-straight week of gains, aided by Amazon.com’s stronger-than-forecasted revenues and a trouncing of analysts’ quarterly estimates by Dow member Microsoft. Meanwhile, investors mulled …
Index ETFs Back On Track As Fears Of Tapering Recede
[Chart courtesy of MarketWatch.com] Domestic equity ETFs closed the trading session nicely higher, putting the Standard & Poor’s 500 Index three points from a record, in the wake of a stronger-than-forecasted read on Chinese manufacturing activity and as another plethora of earnings reports flooded the Street. Treasuries were slightly lower following a report that showed initial weekly jobless claims came …
Ignoring Weakness In Jobs Data
[Chart courtesy of MarketWatch.com] U.S. equities finished higher, despite a softer-than-forecasted U.S. September nonfarm payroll report. The data may have solidified expectations that the Federal Reserve may hold off on tapering its asset purchases until signs of a healthy economy become more lucid. Speculation pushed the annual advance in the Standard & Poor’s 500 Index within a percentage point of …
Earnings In Focus Ahead Of Jobs Data
[Chart courtesy of MarketWatch.com] U.S. equities finished mixed and near the flatline in a choppy session, as investors await a week chock full of earnings and economic data, headlined by tomorrow’s release of the September nonfarm payroll report. Meanwhile, the Dow was pressured by McDonald’s disappointing same-store sales and lackluster guidance which overshadowed its better-than-expected 3Q earnings. In other equity …
Earnings Take Center Stage
[Chart courtesy of MarketWatch.com] U.S. equity markets closed mostly in the positive sending the S&P 500 to record high, while disappointing earnings reports pushed the Dow slightly lower. Early session pessimism that last night’s short-term agreement by Congress may only be delaying another fiscal showdown to early next year, was met with optimism that tapering of the Fed’s asset purchase …