[Chart courtesy of MarketWatch.com] Markets started off the trading week with a roar, but calmed significantly today as the S&P 500 edged out a 0.02% uptick at the last minute. However, major European indices such as the DAX and CAC 40 had down days. Hovering around the $1.30/Euro mark, the Euro retreated once again, falling to $1.29/Euro, a further sign …
Major Market ETFs Start the New Year With A Bang
[Chart courtesy of MarketWatch.com] European worries seemed not to have fazed investors as 2012 has kicked off. The S&P 500 posted a gain of 1.55% while major European and Asian indices also rose. Nevertheless, the Euro didn’t move much, finishing the day at $1.31/Euro. Also, it looks like investors perceive a slightly less risky environment as the 10-year Treasury yield …
Last Week In Review: ETF News And Blog Posts To 1/1/2012
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 1/1/2012. The major indexes inched slightly lower into the last trading day of the year with the S&P 500 ending 2011 just about unchanged. Heading into 2012, the world’s excessive debt overhang will remain headline …
Equity ETFs Swing Up Again, But Europe’s On the Rocks
[Chart courtesy of MarketWatch.com] The S&P 500 rose 1.07% after yesterday’s losses despite prevalent signs of weakness in Europe. The Euro was essentially unchanged at $1.30/Euro while the U.S. 10-year Treasury yielded 1.90%. Also, gold hit its lowest mark in 6 months as the dollar has strengthened. In U.S. economic data, existing home sales rose in November while there was …
Reality Finally Sets In For Major Market ETFs
[Chart courtesy of MarketWatch.com] All the Christmas goodies have seemed to wear off as attention once again turned to the dire state of the global economy. The S&P 500 had a decent sized drop of 1.24% while European and Asian indices also headed south. The Euro went to a new 11-month low against the dollar, falling to $1.29/Euro. Commodities also …
Post-Xmas Coma Leads To ETF Inactivity
[Chart courtesy of MarketWatch.com] In a relatively low volume day, market action was more or less at a minimum. The S&P 500 was essentially flat, bumping up a smidge of 0.01%. The Euro against the dollar is $1.31/Euro and the 10-year Treasury dropped to 2.01%. In commodities, gold is still off its high sitting just above $1,600 while oil broke …