[Chart courtesy of MarketWatch.com] Despite the housing market showing signs of improvement in September, US stocks closed mostly lower for the second straight day Tuesday on uncertainties in Europe as Spain continues to drag its feet over seeking a formal bailout from the European Central Bank despite Spanish 10-year borrowing costs edging higher in recent auctions. My view of why …
Equity ETFs Step Back As Manufacturing Disappoints; Europe Hits Gridlock
[Chart courtesy of MarketWatch.com] Equity ETFs took a breather to close lower Monday as last week’s Fed stimulus-driven euphoria faded after a disappointing New York area manufacturing data forced investors to mull over the health of the economy. Maybe some of the realization is sinking in that all is not well as markets have chosen to ignore economic fundamentals by …
ETF/No Load Fund Tracker Newsletter For Friday, September 14, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/09/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-09132012/ ———————————————————— Market Commentary Friday, September 14, 2012 MAJOR INDEXES FINISH WEEK HIGHER ON FED STIMULUS; EUROPE RALLIES TO 15-MONTH HIGH US equities capped gains Friday to extend its winning ways for the second week in a row that pushed the three indexes to multi-year …
Equity Indexes Rally On Fed Stimulus Decision; Are We Facing Another Bubble?
[Chart courtesy of MarketWatch.com] Extending their winning ways for the third straight session after the US Federal Reserve opted for a third round of quantitative easing to boost growth, the S&P 500 rallied to its highest level since 2007 Thursday. The Dow Jones Industrial Average (DJIA) leapt 207 points, the highest since December 2007. Within the blue-chip index, breadth remained …
Markets Inch Higher On German Court Ruling, Fed Hope; Europe Marches Ahead And Nigel Farage Voices His Opinion
[Chart courtesy of MarketWatch.com] US markets extended gains for the second straight day Wednesday, ending marginally higher after the German Constitutional Court ruling on the euro-area bailout fund, while investors remained cautiously optimistic on further monetary stimulus, as the Federal Reserve two-day policy meeting got underway in Washington. Risk appetite improved after a German Constitutional Court ratified Europe’s Permanent bailout …
US Stocks Rebound Ahead Of FOMC Meet, German Court Decision; Europe Stocks Push Higher
[Chart courtesy of MarketWatch.com] US stocks fought back Tuesday, rebounding from yesterday’s pullback as investors grew positive ahead of a German constitutional court ruling on the EU-wide bailout fund while speculations grew the US Fed will announce further stimulus after its two-day FOMC meeting starting tomorrow. Treasuries retreated, pushing yields higher even though US auction for $32 billion of three-year …