[Chart courtesy of MarketWatch.com] US stocks ended marginally lower Wednesday as the Federal Reserve decided to hold back another round of asset purchases to boost the economy. Traders had priced in a Fed move to support the market’s lofty levels even though eight of ten economists surveyed by Bloomberg News were negative on the Federal Reserve initiating further quantitative easing …
Upward Momentum Slows But Equities Eke Out A Gain On Tech Earnings; USO Pops, VIXY Drops
[Chart courtesy of MarketWatch.com] Equities managed to close higher for the third consecutive day as good tech earnings lifted investor mood in an otherwise murky day overshadowed by disappointing economic readings. Investor sentiment also strengthened after Germany’s Bundestag voted in favor of a €100 billion bailout package for Spain meant to recapitalize Madrid’s stricken banks. The Dow Jones Industrial Average …
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 …