[Chart courtesy of MarketWatch.com] US stocks bounced back Monday to break the weeklong losing streak as broader markets rallied, despite social-networking site Facebook plummeting more than 10 percent following its Friday debut. The S&P 500 snapped its six straight day of losses to post its best session in two months while the Dow made the biggest single-day gain in over …
ETF/No Load Fund Tracker Newsletter For Friday, May 18, 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-05172012/ ———————————————————— Market Commentary Friday, May 18, 2012 US STOCKS EXTEND LOSSES AS FACEBOOK EUPHORIA EVAPORATES; VXX GAINS, KCE SINKS US stocks closed lower Friday with the broad markets closing out the worst week of the year. Despite Facebook’s much talked about IPO today, shares …
Major Market ETFs Extend Losses On Weak Economic Data; GDX Soars, IWM Slips
[Chart courtesy of MarketWatch.com] Major market ETFs got spanked on Thursday closing lower for the fifth straight day with the Dow industrials retreating for the 11th out of 12 sessions when the Philly Fed manufacturing index contracted unexpectedly to -5.8 in May from 8.5 in April as export growth slowed. Treasury 10-year yields headed towards record lows as Greece’s future …
US Stocks End Lower Despite Decent Economic Data; UNG Jumps, PSTL Slides
[Chart courtesy of MarketWatch.com] Robust US economic data on factory output and housing failed to halt the broad slide as US stocks closed lower Wednesday for the fourth straight trading session. Though the day had started off strongly, but concerns over Greece weighed on investor sentiments and down we went. Yield on the benchmark 10-year Treasuries sank to a seven-month …
US Equity ETFs Slide As Greece’s Exit Continues To Loom; VXX Surges, GLDX Plummets
[Chart courtesy of MarketWatch.com] US equity ETFs retreated Tuesday, while the Dow inched towards its four-month low as developments from eurozone kept investors edgy despite steady economic numbers from the home-front. US retail sales grew by 0.1 percent in April, while CPI reading changed little for the month. The New York Empire State Index showed manufacturing bounced bank in May, …
US Stocks Get Clobbered As Greece Heads Towards Euro Exit; International TTI Signals ‘Sell’
[Chart courtesy of MarketWatch.com] US equities marched south Monday with all three indexes losing about one percent as markets remained concerned over the future of the currency-union in Europe and the safety of American banks following JP Morgan’s unexpected 2-billion trading loss. Greece’s political parties struggled to form a coalition over the weekend, fuelling fears of a re-election that is …