[Chart courtesy of MarketWatch.com] US stocks rebounded Tuesday to recoup much of the previous day’s biggest loss of the year for benchmark indexes as investors found confidence in robust corporate earnings and PC-maker Dell Inc’s decision to go private in the biggest leveraged buyout deal since the financial crisis. Shares found some support in today’s economic data. The Institute for …
Major Market Indexes Lose Face-Off with Gravity; Europe Dives
[Chart courtesy of MarketWatch.com] I did not think it was possible that the markets were actually able to lose a face-off with gravity after their relentless and almost uninterrupted ascent since mid-November. Even the by now well documented afternoon “lift-a-thon” was notably absent, as the major market indexes took their cue from Europe and produced their worst loss of this …
ETF/No Load Fund Tracker Newsletter For Friday, February 1, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/01/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-01312013/ ———————————————————— Market Commentary Friday, February 1, 2013 DOW TOPS 14,000 ON JOBS DATA; EUROPE RISES AS US RECOVERY ALLEGEDLY GAINS TRACTION US stocks rallied Friday with the Dow Industrials closing above 14,000 for the first time since 2007 after upbeat reports on the labor …
Equity Indexes Retreat, But Notch Strong January; Europe Edges Lower
[Chart courtesy of MarketWatch.com] Equity ETFs finished lower Thursday, ending a blockbuster month on a soft note after a government report showed jobless claims rose, but the Dow Jones Industrial Average still managed to produce the best January rally since 1994. First time claims for unemployment benefits climbed 38,000 to 368,000 last week, the first rise in two weeks, a …
GDP Experiences Shrinkage; Stocks Retreat On Growth Worries; Europe Falls After US Economic Data
[Chart courtesy of MarketWatch.com] US equities finished lower Wednesday, dragging the index averages off five-year highs after the Federal Reserve said economic growth had paused following the release of a government report that showed the US economy contracted in the fourth quarter. The Federal Open Market Committee kept interest rates unchanged at near zero and maintained its aggressive bond-buying program. …
Up, Up And Away; Dow Hits 2007 High; Europe Touches 23-Month High
[Chart courtesy of MarketWatch.com] Equity ETFs mostly advanced today with the Dow Jones Industrial Average hitting a five-year high after data released showed continued improvement in housing and companies including Pfizer and Valero Energy reported earnings that beat estimates. The indexes picked up pace and rallied as the S&P/Case-Shiller index of US property values rose 5.5 percent in November after …