[Chart courtesy of MarketWatch.com] U.S. equities fell on Monday, extending two weeks of losses, amid the continued stalemate in Washington over a budget for the fiscal year, exacerbated by concerns surrounding the looming debt ceiling deadline. It was a poor start to the week for the equity market and the same thing could be said for politics in Washington. The …
Stocks Ignore Shutdown; Buyers Step In
[Chart courtesy of MarketWatch.com] After falling to a three-week low yesterday, U.S. equity markets closed the trading session higher to begin the new month and quarter, led by some upbeat manufacturing activity data despite the first partial government shutdown in 17 years. Investors for now appeared confident that the situation would be short-lived. After dropping seven out of the past …
ETF/No Load Fund Tracker Newsletter For Friday, September 27, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/09/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-09262013/ ———————————————————— Market Commentary Friday, September 27, 2013 UNSOLVED GOVERNMENT SHUT DOWN SINKS STOCKS Domestic equity markets closed the trading session in the red on Friday, and the S&P 500 and Dow posted their first weekly drop in four, as sentiment continued to remain hamstrung …
Losing Streak Comes To A Halt
[Chart courtesy of MarketWatch.com] U.S. equities closed the trading day higher, halting the longest slump this year for the Standard & Poor’s 500 Index, as investors welcomed a better-than-expected jobless report, which overshadowed concern that a budget impasse could hurt economic growth. Meanwhile, Treasuries were mostly lower following the upbeat employment data, which was accompanied by an unrevised 2.5% rate …
Congress Battles Heat Up; Turning Stocks Red
[Chart courtesy of MarketWatch.com] U.S. equities concluded a lackluster day of trading hovering near the flatline during the final hour of the session, before ultimately ended lower, extending their recent slide to a fourth session as worries over a possible U.S. government shutdown added to investor caution. The market’s recent losses mark the longest losing streak since last month for …
Stock Indexes Quietly Advance Ahead Of Fed’s Decision
[Chart courtesy of MarketWatch.com] Amid a benign read on consumer price inflation and a report that showed homebuilder sentiment remains near an eight-year high, U.S. equities advanced on Tuesday on expectations the Federal Reserve will make only moderate changes to its stimulus at the conclusion of its two-day meeting. There wasn’t a whole lot of trading action as volume was …