[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was a slow day on Wall Street today. All indexes ended slightly lower, mostly due to the fact that we heard a bit of disappointing news on the state of our economy. The government reported today that the economy grew at a slightly lower-than-expected 1.5% in the third quarter. That was …
Equities Uncertain In Anticipation Of Fed Meeting And Earnings
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks dipped as investors awaited a Federal Reserve decision Wednesday on interest rates and Apple’s earnings report after the closing bell. Disappointing economic data on manufacturing and consumer confidence also weighed on markets. Energy stocks led the decliners as oil prices fell. A barrel of U.S. crude was down 2.2% to $43.03. …
Big Gains For Wall Street On Earnings And ECB Stimulus Talk
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks skyrocketed Thursday as investors were quite encouraged by a market moving earnings report posted by McDonald’s (MCD) and signs from Europe that more stimulus might be on the way for the European Economy. In the end, it was really ECBs Mario Draghi’s jawboning about “re-examining” its stimulus program, which lit some …
Mixed Earnings Reports Pull Stocks Lower
[Chart courtesy of MarketWatch.com] 1. Moving the Markets A hazy batch of earnings reports were the culprit for the small losses on Wall Street today. The Dow ended the day down a scant 14 points after bouncing in and out of negative territory. IBM (IBM), which is the Dow’s largest component, dragged the index down after weak hardware sales and …
ETF/No Load Fund Tracker Newsletter For October 16, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/10/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-10152015/ ———————————————————— Market Commentary STOCKS CONTINUE MOVING HIGHER ON BULLISH CORPORATE EARNINGS [Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended moderately higher Friday as the post-correction rally rolled on amid signs U.S. companies will top low third-quarter earnings estimates and the growing belief …
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 …