[Chart courtesy of MarketWatch.com] After yesterday’s dip, equity ETFs made up lost ground and then some as the S&P 500 gained 1.10%. The 10-year bond also moved back up to hit a yield of almost 2%. Overall, there have been large fluctuations in risk perception. There was a spate of positive economic news that contributed to equity bullishness such as …
Greek Overhang Weighs Down on Major Market ETFs
[Chart courtesy of MarketWatch.com] Further uncertainty in Greece sent major market ETFs into the red, with the S&P 500 falling 0.54%. Despite weakness in equities and the Euro inching back down toward $1.30/Euro, gold and oil were on the upside. The primary catalyst for the pessimistic mood continues to be delays surrounding the Greek bailout, or lack thereof. There has …
A Timid Day for Equity ETFs
[Chart courtesy of MarketWatch.com] Markets were relatively stagnant today despite the cancellation of a Greek bailout meeting. The atmosphere is becoming increasingly tense as the deadline looms, putting Greece’s chances of receiving bailout funds in jeopardy. Despite flatness in equities, the 10-year Treasury dipped to 1.92%, a sign that investors remain in a risk adverse mood. A disorderly default in …
Major Market ETFs Rally Following Greece’s Vote
[Chart courtesy of MarketWatch.com] The major market indexes retraced Friday’s sell off, and then some, as Greece’s parliament voted in favor of strict financial reforms in order to receive the latest bailout package of at least $130 billion Euros. Athens burned for most of the night as protestors rioted and questioned the wisdom of having to endure more hardship after …
Last Week In Review: ETF News And Blog Posts To 2/12/2012
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 2/12/2012. Friday’s pullback left the major indexes almost unchanged for the last week. All eyes are now on the (hopefully) final act of the Greek debt opera as party infighting continued while the realization of …
Greek Deal Or No Deal: What’s Next For ETFs?
[Chart courtesy of MarketWatch.com] With Greece making headway in its bailout deal today, the S&P 500 had a minor gain of 0.15% while European markets finished on the upside. The Euro also edged up to $1.33/Euro. And once again, the 10-year Treasury breached the 2% level, finishing at a yield of 2.05%. It looks like the Greek news tempered investor …