[Chart courtesy of MarketWatch.com] The Dow staged a late-session comeback to break a two-session losing streak even as US stocks ended mixed Thursday. A raft of weak economic numbers, including a higher-than-expected jobless claim, soured investor sentiments driving both the NASDAQ and the S&P 500 lower for the second day in a row. Strong demand for Treasuries pushed yields down …
Equity ETFs Extend Losses On Global Growth Jitters; VXX Zooms, GDXJ Sinks
[Chart courtesy of MarketWatch.com] Equity ETFs extended losses Wednesday after US durable goods orders came in weaker than expected, fueling global growth worries. Commodities took a big hit with copper and oil roughly falling by 2 percent while gold lost more than a percent as investors dumped energy and materials related stocks. Treasuries tumbled for the second day as demand …
US Stock Rally Runs Out Of Steam; VXX Floats, VNM Sinks
[Chart courtesy of MarketWatch.com] US stocks took a break to close lower Tuesday, as the day’s economic data gave investor’s little reason to cheer about after Monday’s rally. Treasuries rallied today showing not everybody believed that the bond bear market started Monday when economic reports showed decline in home consumer confidence and prices. Demand for US debt was well supported …
Bernanke Boosts Equity ETFs; GDXJ Surges, GAZ Continues To Sink
[Chart courtesy of MarketWatch.com] US equity ETFs surged Monday, erasing a week’s losses after Federal Reserve Chairman Ben Bernanke expressed concern over the job market momentum sustainability and reaffirmed further liquidity injection if necessary. 30-year bond yields rose the most in a week after Bernanke hinted at continuing the record low interest rates, boosting bets that inflation will move north …
ETF/No Load Fund Tracker Newsletter For Friday, March 23, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/03/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-03222012/ ———————————————————— Market Commentary Friday, March 23, 2012 EQUITY ETFs RISE TO SHAVE WEEKLY LOSSES; GDXJ SHINES, TVIX NOSEDIVES FOR THE SECOND DAY US stocks closed higher Friday as a weak dollar and a rise in oil prices boosted commodities related stocks, helping shave weekly …
Major Market ETFs Extend Losses On Global Growth Worries; VXX Climbs, TVIX Sinks Deep
US stocks ended lower Thursday as global growth worries soured investor sentiments with the S&P declining for the third consecutive session. The ever so positive analysts, however, said the markets are taking a breather after recoding double-digit growths in the first quarter. Treasuries extended gains for the third day after reports showed euro-region output and China’s manufacturing weakened, boosting US …