[Chart courtesy of MarketWatch.com] US stocks swung wildly Monday giving up early gains to close sharply lower following the best week of the year as investors remained concerned over the upcoming Greek elections and optimism over Spain’s $125 billion bank bailout-deal fizzled on worries that the benefits will not be sustained. The treasury 30-year bonds pushed higher for the first-time …
Last Week In Review: ETF News And Blog Posts To 6/10/2012
In case you missed it, here’s a summary of the ETF topics and market reviews I posted to my blog during the week ending on 6/10/2012. Wishful thinking and continued hope that the Europeans will finally get their act together, and rescue Spain from its severe predicament, supported market momentum as the recent slide turned into a Viagra move off …
Equity ETFs Trim Gains As Bernanke Avoids QE Reference; BAL Rocks, UNG Slips
[Chart courtesy of MarketWatch.com] Equity ETFs pared early gains to end mixed Thursday after Fed Chairman Ben Bernanke chose to remain silent, despite market expectations of quantitative easing measures and the Chinese central bank cutting interest rates by a quarter percent to ward off a deepening slowdown. Treasuries remained choppy with the 10-year closing at the highest level in a …
US Stocks Post Biggest Gain Of 2012 On Stimulus Hopes; EPI Pops, VIXY Sinks
[Chart courtesy of MarketWatch.com] After equities suffered through their worst loss in 6 months only 3 days ago, it’s only fitting that this was followed by the biggest gain for the year. Such is the world of a manilupated market environment by the Fed. As a result, US stocks surged Wednesday with the S&P 500 and the Dow industrials adding …
Major Market ETFs Rise On Upbeat Services Number; ITB Gains, VXX Dips
[Chart courtesy of MarketWatch.com] Major Market ETFs closed higher Tuesday for the second straight day, pushing the Dow Industrials into the green territory and snapping four loss-sessions, as investors cheered a better-than-expected ISM index’s nonmanufacturing businesses reading. Gains, however, were limited as the ongoing European sovereign debt crisis continued to overshadow this positive US economic development. Ratings agency Standard & …
US Equities Maintain Negative Bias; EWP Pole Vaults, KWT Crashes
[Chart courtesy of MarketWatch.com] US equities remained near flat Monday despite witnessing choppiness in early trading as a larger-than-expected drop in factory orders added to souring sentiment about the domestic growth. US factory orders slipped 0.6 percent in April against an expected gain of 0.1 percent. Treasuries retreated for the first time in four days to erase earlier gains amid …