[Chart courtesy of MarketWatch.com] US equities wavered Monday with the blue-chip Index closing lower while the broader markets gained modestly as investors remained uncertain about the European debt crisis following the outcome of French and Greece elections. Yield on 10-year notes continues to trade at three-month lows as investors continue to buy world’s safest assets in an increasingly uncertain environment. …
ETF/No Load Fund Tracker Newsletter For Friday, May 4, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/05/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-05032012/ ———————————————————— Market Commentary Friday, May 4, 2012 US EQUITIES SLUMP ON WEAK JOB DATA; VXX SOARS, USO SINKS A market selloff sent the S&P 500 and the NASDAQ Composite to their lowest level in 2012 today after the US Labor Department report showed employers …
US Major Market ETFs Snap Winning Streak; FUE Jumps, GMMB Sinks
[Chart courtesy of MarketWatch.com] US broad markets closed mostly lower Monday, meandering south as weaker-than-estimated economic data weighed on investors’ mind. This is the year’s first monthly decline as weak consumer spending growth and the soft reading of the Chicago area business-activity index dragged markets down, though the Dow ended the month slightly higher, its longest streak since Jan 2007. …
Major Market ETFs Continue In Rally Mode, Advance For The Second Day; XLK Pops, VXX Tanks
[Chart courtesy of MarketWatch.com] Major Market ETFs gained for the second straight day Wednesday as investors offered muted reactions to the news that the Fed is keeping its interest rate target unchanged and cheered strong Q1 performance from big US companies including Apple and Boeing. Following Wednesday’s Federal Open Market Committee meeting in Washington, Chairman Ben Bernanke dropped enough hints …
US Markets Close Mixed As Tech Stocks Slip; KRU Pops, GAZ Drops
[Chart courtesy of MarketWatch.com] US stocks closed mixed Tuesday with the broad market holding onto gains as investors welcomed encouraging Q1 corporate results, while Netflix’s weaker-than-expected outlook weighed NASDAQ down. Apple Inc came under selling pressure ahead of its earnings report after the close. As was hoped for, Apple delivered beyond expectations which may bode well for a positive opening …
US Equities End Mixed On Europe Concerns; ICF Crawls Up, VXX Sinks
[Chart courtesy of MarketWatch.com] US equities ended mixed Monday despite higher corporate earnings and better-than-estimated retail sales boosting sentiments as investors weighed US economic data with a contagion possibility in Europe. Heavy selling in the tech area more than offset a rebound in blue-chip stocks, dragging the major US indices down. Yield on benchmark 10-year Treasuries consolidated below the 2-percent …