It was another rough week for global markets as the Eurozone remains stuck in a dire situation. Meanwhile, China’s economy is starting to show more weakness while the U.S. situation hasn’t really improved. The flood to Treasuries this week provides an indication that investors are unsettled by the level of market risk on a global scale, especially Europe. A litany …
Quantitative Easing (QE): Aka Saving The Stock Market From A Panic
Over the past few years, ever since the crash of 2008, I have mentioned repeatedly that we have not seen a ‘real’ economic recovery, only one based on a variety of stimulus efforts. I finally found a chart in section 4 of a recent ZeroHedge article, supporting my viewpoint by outlining the entry and exit points of the QE attempts …
Funky Day On The Street As ETFs Zigzag
[Chart courtesy of MarketWatch.com] Markets were in a state of flux today as the S&P 500 bumped up only 0.32%. Nevertheless, the Euro remained at $1.30/Euro while commodities didn’t fluctuate tremendously. Pretty much, the outlook hasn’t brightened any more today. However, on the Asian front, markets took somewhat of a dive as the Shanghai Composite and Nikkei dropped 2.14% and …
Major Markets ETFs Slide Once Again
[Chart courtesy of MarketWatch.com] Major market ETFs continued to see red again as the situation in Europe worsens. Markets worldwide felt the brunt of the Eurozone’s woes as the S&P 500 fell 1.14% while some European indices hurt even more. In line with this, the Euro prolonged its slide against the dollar, now reaching $1.30/Euro. There was some serious action …
European Fears Won’t Go Away – Continued Strain on Equity ETFs
[Chart courtesy of MarketWatch.com] The situation in Europe remains a drag on equity ETFs as markets fell further once more. The S&P edged down 0.85%. The NASDAQ has also been in quite a slump in comparison to the S&P 500 and Dow Jones index, dropping 1.26%. The 10-year Treasury also fell once more, dipping to a yield of 1.96%. Most …
Back To The Downside – Europe Weighs Down on Equity ETFs
[Chart courtesy of MarketWatch.com] Despite an EU Summit that appeared to hint towards fiscal unity and discipline, markets didn’t quite agree with that sentiment today. The S&P 500 slid 1.49% while European markets also had a rough day. With cracks still showing in Europe’s financial system, the Euro took a dip against the dollar down to $1.32/Euro. Unlike most down …