[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 …
ETF/No Load Fund Tracker Newsletter For Friday, November 2, 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-11012012/ ———————————————————— Market Commentary Friday, November 2, 2012 US STOCKS SLAMMED AFTER THURSDAY’S RUN-UP; WORRY PREVAILS AHEAD OF PRESIDENTIAL ELECTIONS; EUROPE RISES ON US JOBS DATA US equity indexes sank Friday to cap a truncated trading week with steep losses as cheer over better-than-expected employment …
US Equity ETFs Stage A Comeback And Rally The Most In Nearly Two Months On Data; Europe Follows Suit
[Chart courtesy of MarketWatch.com] US stock ETFs started November on a strong note with the major benchmark indexes rallying more than one percent, the most in seven weeks, after employment and manufacturing topped estimates and consumer confidence surged to more than four-year high in October. Economic data were mostly positive on Thursday. Payroll processing firm ADP said 158,000 private-sector jobs …