Losing Streak Comes To A Halt Thanks To Data

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[Chart courtesy of MarketWatch.com] U.S. equity indexes rebounded from the morning lows to close higher for the first time this week, halting a three-day drop, aided by a stronger-than-expected export growth report out of China and a smaller-than-anticipated rise in domestic jobless claims. The markets were also fueled by some widely followed companies like Tesla and Groupon, which skyrocketed based …

Growing Speculation On Fed Cuts Keeps Bears Growling

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[Chart courtesy of MarketWatch.com] U.S. equities continued their red figures for a third consecutive session on Wednesday amid a mixed bag on the earnings front, while a sedentary economic calendar offered little help. Mortgage applications snapped a seven-week losing streak, while consumer credit expanded. Growing uncertainty over when the Federal Reserve may start to wind down its stimulus played a …

Major Market Index ETFs Drop Again On Earnings And Fed’s Comments

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[Chart courtesy of MarketWatch.com] U.S. equity ETFs slid for a second consecutive day amid a plethora of mediocre earnings reports on both sides of the pond, despite the U.S. trade balance narrowing to its smallest deficit since October 2009. Adding to the negative atmosphere on the markets were comments from a pair of U.S. Federal Reserve officials fueling concern the …

Stocks Go Off Track With Light Volume Sell-Off

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[Chart courtesy of MarketWatch.com] Despite favorable services sector activity reports from China and the U.S., as well as an upward revision to Eurozone business activity data, U.S. equity markets fell from record highs Monday to kick off the week. About 4.6 billion shares changed hands on the New York Stock Exchange, the Nasdaq and NYSE MKT, the lowest for a …

ETF/No Load Fund Tracker Newsletter For Friday, August 2, 2013

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ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/08/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-08012013/ ———————————————————— Market Commentary Friday, August 2, 2013 BULLS SHOW UP LATE TO KEEP RALLY ALIVE U.S. equity markets rebounded off the morning lows to close narrowly in positive territory at record highs, extending yesterday’s rally, while the dollar weakened as traders digested a disappointing …

Cheerful Data Pushes S&P Through The 1,700 Level

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[Chart courtesy of MarketWatch.com] U.S. equity markets shrugged off yesterday’s lackluster performance to close Thursday trading session nicely higher, with the Dow and S&P 500 indices soaring into record high territory in the wake of a stronger-than-forecasted U.S. manufacturing report and better-than-expected sector reports out of China and the Eurozone. The Standard & Poor’s 500 Index advanced above 1,700 for …