Tag Archives: XLV

Hugging The Unchanged Line

[Chart courtesy of MarketWatch.com] Moving the Markets The major indexes zigzagged throughout the day but stayed close to the unchanged line, and that’s where we ended up with only the Nasdaq closing fractionally higher. On the front burner is much … Continue reading

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Oil Leads Equities With Pump-And-Dump Theme

[Chart courtesy of MarketWatch.com] Moving the Markets Equities started the day on a weak note when oil prices suddenly got pumped to touch the $50/barrel point before being dumped and ending the day down -1.62%. The S&P 500 followed suit … Continue reading

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Smashing Exuberance

[Chart courtesy of MarketWatch.com] 1. Moving the Markets There was much hope of the Fed showing signs of not only relenting from their planned interest rate hikes in 2016 but possibly shifting in reverse and lowering rates in the very … Continue reading

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Oil Dumps; Major Indexes Seesaw

[Chart courtesy of MarketWatch.com] 1. Moving the Markets Today was repeat of yesterday’s session in that markets sold off most of the day but managed a better recovery during the last hour by closing only slightly below the unchanged line. … Continue reading

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Oil Feeds The Markets

[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended higher in choppy trading as oil prices rose for a third straight day and moved above $33 a barrel. The major indexes posted gains early as strong corporate earnings reports … Continue reading

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Oil Reverses And Pulls The Major Indexes Higher

[Chart courtesy of MarketWatch.com] 1. Moving the Markets In a stunning reversal from yesterday’s sell-off, the likes of which I have described as typical in bear markets featuring big down days followed by big updays without clear long-term direction, oil … Continue reading

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