[Chart courtesy of MarketWatch.com] 1. Moving The Markets The U.S. markets slid back into negative territory today as a response to the World Bank announcing its reduction of the global growth forecast from 3.2 to 2.8%. The selloff was broad, as every S&P 500 sector index (except energy) declined for the day. The World Bank has clarified that the looming …
ETF/No Load Fund Tracker Newsletter For June 6, 2014
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2014/06/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-06052014/ ———————————————————— Market Commentary Friday, June 6, 2014 STOCKS RIDE HIGH INTO FIRST WEEK OF SUMMER [Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks ended the week on a high note, a record high note for that matter, with the overall markets gaining more …
A Mixed Bag Of Data Whacks The Bulls
[Chart courtesy of MarketWatch.com] 1. Moving The Markets It was a one-two punch based on disappointing earnings and a mixed bag of data that sent the bulls to the mat, at least for the time being. All major indexes lost as the intra-day chart above shows. Despite the manufacturing index coming in better than expected and a reduced number of …
Bouncing Off The Glass Ceiling
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Clearly, the markets were taking a breather today, after the S&P’s attempt to pierce the 1,900 level, not just on an intra-day basis, did not materialize. While the benchmark had been trending sideways for this month, let’s not forget that it has been on a 4.5% rebound spree since its low on …
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. …