[Chart courtesy of MarketWatch.com] US major indexes finished lower Tuesday after rallying early on as optimism over home improvement retailer Home Depot’s strong results were offset by fiscal cliff worries. Investors chose to stick to the sidelines, unsure if lawmakers could cut a deal that would stop the onset of sharp spending cuts and tax hikes in January. Giving up …
Major Market ETFs Caught In Downward Spiral; TTIs Remain Above Their Trend Lines; Europe Heads South On German Worry
US stocks slumped Wednesday after a sell-off on Wall Street gained momentum as investors focused on the looming fiscal cliff and Europe’s debt crisis. The Dow Industrials logged its worst daily decline since November 2011 following President Barack Obama’s re-election Tuesday night. Risk sentiment soured after violent protests broke out in Greece as the country’s parliament got ready to vote …
Rally Mode Continues On Election Day; Europe Follows Suit
[Chart courtesy of MarketWatch.com] The major indexes extended gains for the second straight day Tuesday as Wall Street went into rally mode embracing the notion the uncertainty lingering over the presidential campaign will hopefully soon be over. Investors also watched the US Congressional races as the outcome will go a long way in the debate on how to address the …
ETF/No Load Fund Tracker Newsletter For Friday, November 2, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/11/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-11012012/ ———————————————————— Market Commentary Friday, November 2, 2012 US STOCKS SLAMMED AFTER THURSDAY’S RUN-UP; WORRY PREVAILS AHEAD OF PRESIDENTIAL ELECTIONS; EUROPE RISES ON US JOBS DATA US equity indexes sank Friday to cap a truncated trading week with steep losses as cheer over better-than-expected employment …
US Equity ETFs Stage A Comeback And Rally The Most In Nearly Two Months On Data; Europe Follows Suit
[Chart courtesy of MarketWatch.com] US stock ETFs started November on a strong note with the major benchmark indexes rallying more than one percent, the most in seven weeks, after employment and manufacturing topped estimates and consumer confidence surged to more than four-year high in October. Economic data were mostly positive on Thursday. Payroll processing firm ADP said 158,000 private-sector jobs …
Major Market Indexes Log First Monthly Drop Since May; Europe Meanders Amid Choppy Trade
[Chart courtesy of MarketWatch.com] US stock indexes logged their first monthly loss since May with the S&P 500 retreating 2.01%, capping a weak month on a mixed note Wednesday after markets reopened following a two-day closure due to super-storm Sandy. Economic data was relatively light with the Chicago Purchasing Manager’s Index data for October printing at 49.9 from 49.7 in …