[Chart courtesy of MarketWatch.com] US equities finished mostly flat with investors sticking to the sidelines before talks to head off tax hikes and automatic spending cuts that would begin in January as uncertainty over Greece and Europe still loomed on the horizon. Chinese exports grew the fastest in five months, topping estimates at over 11 percent, a report over the …
ETF/No Load Fund Tracker Newsletter For Friday, November 9, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/11/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-11082012/ ———————————————————— Market Commentary Friday, November 9, 2012 MAJOR INDEXES SNAP LOSING STREAK BUT SUFFER THEIR WORST LOSS IN 5 MONTHS; EUROPE SLIPS ON GREECE WORRIES US equities eked out modest gains Friday spurred by a strong read on American consumer confidence, but all the …
More Downside Pain: A Swan Dive Into The Close; TTI’s Still Hang On To The Bullish Side Of The Trend Line—So Far
[Chart courtesy of MarketWatch.com] The equity markets picked up where they left off yesterday and continued with their best imitation of a black diamond ski slope as the major averages got crushed for the second day in a row. Many traders had expected some kind of a rebound after Wednesday’s thrashing but, other than a quick peek higher after the …
Major Market ETFs Caught In Downward Spiral; TTIs Remain Above Their Trend Lines; Europe Heads South On German Worry
US stocks slumped Wednesday after a sell-off on Wall Street gained momentum as investors focused on the looming fiscal cliff and Europe’s debt crisis. The Dow Industrials logged its worst daily decline since November 2011 following President Barack Obama’s re-election Tuesday night. Risk sentiment soured after violent protests broke out in Greece as the country’s parliament got ready to vote …
Rally Mode Continues On Election Day; Europe Follows Suit
[Chart courtesy of MarketWatch.com] The major indexes extended gains for the second straight day Tuesday as Wall Street went into rally mode embracing the notion the uncertainty lingering over the presidential campaign will hopefully soon be over. Investors also watched the US Congressional races as the outcome will go a long way in the debate on how to address the …
Equities Log Modest Gains Ahead Of Elections; Europe Turns Lower On Greece
[Chart courtesy of MarketWatch.com] US equities posted modest gains Monday as investors turned cautious ahead of what’s expected to be a tight presidential election Tuesday. Earlier losses were driven by concerns over a worsening European debt crisis. Greek Prime Minister Antonis Samaras will fight it out in the parliament later this week seeking another round of tax hikes and spending …