[Chart courtesy of MarketWatch.com] US equities hit the pause button on a placid August trading session, as investors chose to wait ahead of the Federal Reserve’s minutes from the last meeting due out ater this week as worries about Europe offset gains in the technology and banking sector. The Dow Jones Industrial Average (DJIA), the S&P 500 and the NASDAQ …
ETF/No Load Fund Tracker Newsletter For Friday, August 17, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/08/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-08162012/ ———————————————————— Market Commentary Friday, August 17, 2012 MAJOR INDEXES END HIGHER FOR SIXTH STRAIGHT WEEK ON IMPROVED SENTIMENT; EUROPE FOLLOWS SUIT US stocks capped off gains for the sixth week in a row Friday as broad markets maintained the positive momentum after latest reports …
Cisco Pulls Equities Out Of Trading Range; German Chancellor Merkel Assists
[Chart courtesy of MarketWatch.com] Boosted by solid tech and housing data, US stocks rallied Thursday with the S&P 500 hitting its highest level since April even though regional manufacturing data remained mostly disappointing. Angela Merkel provided additional support to the markets after the German Chancellor said Berlin remains committed to the single currency during a trip to Canada. All the …
Uneven Data Keeps Major Indexes Range Bound; Will QE-3 Happen In September?
[Chart courtesy of MarketWatch.com] US stocks remained near flat Wednesday while the blue-chip stocks closed slightly lower as investors weighed mixed economic data amid diminished hopes for further monetary expansion measures from the US Fed. The Dow Jones closed lower while the S&P 500 and the NASDAQ Composite managed to hang on to marginal gains even though volumes continue to …
Domestic Stocks End Flat Despite Better Economic Numbers; Germany And France Hold The Fort
[Chart courtesy of MarketWatch.com] Domestic stocks pared better economic-data driven early gains Tuesday in the final trading hour, after media reports suggested Greece was set to seek more time to meet its budget-deficit reduction targets. As if more time would really make a difference. The Financial Times of London suggested Greece is expected to propose 1.5 percent deficit reduction annually …
US Equities End Mostly Lower As Japanese GDP Disappoints; Europe Slips On German Lawsuit
[Chart courtesy of MarketWatch.com] US equties mostly declined Monday after six straight up sessions as weak Japanese Q2 GDP reading weighed on investors despite a successful auction of Italian bonds that somewhat eased market concerns on Europe. Both the S&P 500 and the Dow Industrials ended the day modestly lower as investors rushed to take profits while the NASDAQ recovered …