[Chart courtesy of MarketWatch.com] 1. Moving the Markets Wall Street at first reacted negatively this morning after the Fed left interest rates unchanged and signaled a December rate hike was still on the table, but then recovered as the afternoon wore on with the Dow ending up nearly 200 points. In earnings today, we heard from a number of tech …
It Was All About Tech Today
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks gained today with the Dow climbing 82 points as investors shook off growing concerns about overvalued stocks and rising interest rates. Markets broke a 2-day losing streak; however, the mood remained cautious after comments by Janet Yellen Wednesday that suggested stocks are generally overvalued. Lady Yellen said market valuations were generally …
GDP Numbers Bode Well For Economic Outlook
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Well, the GDP numbers came in today and it was all good news. Prior to the opening bell, the government reported that the economy grew at a robust 4% annual pace in the April-June period, which smashed economists’ estimates of 3% growth. This was a sharp rebound from a 2.1% contraction in …
Market Sways—But Closes In Positive Territory
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The market swayed back and forth today, but finished in positive territory across the board with the exception of the Nasdaq. And, despite today’s intraday volatility and chaotic price action, many major market indexes are not far from all-time highs. Although markets ended up for the day, there was a notable selloff …
ETF/No Load Fund Tracker Newsletter For April 4, 2014
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2014/04/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-04032014/ ———————————————————— Market Commentary Friday, April 4, 2014 STOCKS POSITIVE OVERALL FOR THE WEEK ON OPTIMISTIC U.S. ECONOMIC DATA [Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks rose as a suite of economic data raised optimism about the health of the economy. Headlining the …