[Chart courtesy of MarketWatch.com] Equities trimmed losses Wednesday with the broad market closing near flat after the minutes from the Fed’s last meeting showed many policy makers favored another round of monetary stimulus if the economy failed to show signs of a durable pick up. The Dow Jones Industrial Average closed 31 points lower after sinking as much as 83 …
Major Market ETFs Retreat As Declining Tech Stocks Eclipse Euro Optimism; ECB Hope Drives Europe Higher
[Chart courtesy of MarketWatch.com] Major Market ETFs retreated today with the S&P 500 climbing down from a four-year high as optimism over the European Central Bank’s possible intervention to limit the region’s contagion was eclipsed by a decline in US equities led by technology stocks. The Dow Jones Industrial Average (DJIA) fell 0.5 percent, with 22 of the 30 stocks …
US Equities Pause Ahead Of FOMC Minutes; International Buy Signal Generated
[Chart courtesy of MarketWatch.com] US equities hit the pause button on a placid August trading session, as investors chose to wait ahead of the Federal Reserve’s minutes from the last meeting due out ater this week as worries about Europe offset gains in the technology and banking sector. The Dow Jones Industrial Average (DJIA), the S&P 500 and the NASDAQ …
ETF/No Load Fund Tracker Newsletter For Friday, August 17, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/08/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-08162012/ ———————————————————— Market Commentary Friday, August 17, 2012 MAJOR INDEXES END HIGHER FOR SIXTH STRAIGHT WEEK ON IMPROVED SENTIMENT; EUROPE FOLLOWS SUIT US stocks capped off gains for the sixth week in a row Friday as broad markets maintained the positive momentum after latest reports …
Cisco Pulls Equities Out Of Trading Range; German Chancellor Merkel Assists
[Chart courtesy of MarketWatch.com] Boosted by solid tech and housing data, US stocks rallied Thursday with the S&P 500 hitting its highest level since April even though regional manufacturing data remained mostly disappointing. Angela Merkel provided additional support to the markets after the German Chancellor said Berlin remains committed to the single currency during a trip to Canada. All the …
Uneven Data Keeps Major Indexes Range Bound; Will QE-3 Happen In September?
[Chart courtesy of MarketWatch.com] US stocks remained near flat Wednesday while the blue-chip stocks closed slightly lower as investors weighed mixed economic data amid diminished hopes for further monetary expansion measures from the US Fed. The Dow Jones closed lower while the S&P 500 and the NASDAQ Composite managed to hang on to marginal gains even though volumes continue to …