[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 …
Equity Indexes Fall As Concern Over Europe Overshadows Stimulus Bets; European Stocks Decline; German Court Ruling On Deck
[Chart courtesy of MarketWatch.com] Equity Indexes pulled back today after surging to multi-year highs Friday as risk sentiment weakened amid news reports that Greece has initiated talks with creditors after its ruling-coalition failed to reach an agreement over spending cuts. Markets are jittery ahead of Wednesday’s German high court’s decision on the validity of the EUR 500 billion European Stability …
ECB’s Intended Bond Purchases Will Calm The Markets; But For How Long?
The European Central Bank’s decision to buy unlimited bonds from the secondary markets for the peripheral economies was the right decision, since it comes with strong conditions that will result in structural reforms and fiscal discipline, says Anders Aslund, Senior Fellow at the Peterson Institute for International Economics. The so-called Outright Monetary Transactions or OMT by the central bank does …
ETF/No Load Fund Tracker Newsletter For Friday, September 7, 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-09062012/ ———————————————————— Market Commentary Friday, September 7, 2012 US EQUITIES EDGE UP ON FED STIMULUS HOPES; EUROPE RALLIES ON CHINA STIMULUS US stocks continued their upward journey Friday with the major indexes settling higher for the first time in three weeks and extending multi-year highs …