[Chart courtesy of MarketWatch.com] US markets ended mixed Wednesday as investors compared mostly robust corporate earnings with a weaker-than-expected private sector jobs report. Treasury 10-year yield coming close to the lowest level in nearly three months as European manufacturing contracted sharply in April and investors tried to second guess the US non-farm payrolls report due on Friday. The ADP Employer …
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. …
ETF/No Load Fund Tracker Newsletter For Friday, April 27, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/04/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-04262012/ ———————————————————— Market Commentary Friday, April 27, 2012 MAJOR MARKET ETFS END WEEK ON A HIGH; GLDX RISES, DXJ SINKS US stocks advanced Friday, extending weekly gains as strong corporate earnings outweighed disappointments over weaker than expected first-quarter GDP growth. Treasury 10-year notes settled lower …
US stocks melt up on earnings, housing data; GASL gains, VXX drops
[Chart courtesy of MarketWatch.com] US stocks continued with their winning streak for the third straight day Thursday as better-than-estimated housing data overshadowed concerns over a weak job market and mixed corporate earnings readings. The S&P 500 index topped the 1,400 mark in intraday trading for the first time in three weeks as software company Citrix Systems raised their 2012 outlook. …
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 …