[Chart courtesy of MarketWatch.com] US stocks changed little Thursday with the Dow Industrial slipping after four up sessions while the S&P 500 and the tech-heavy NASDAQ managing to extend their winning streak as US economic data surprisingly came in stronger than estimated. The US dollar gained further against the single-currency as hopes of ECB intervention to halt the decline of …
Markets Hit Pause Button As Equity Rally Fades; Investors Looking For Direction From The ECB
[Chart courtesy of MarketWatch.com] The US equity rally faded after three straight up days with Wall Street turning cautious even as the Dow industrials and S&P 500 managed to stay in the green while the NASDAQ slipped. European stocks ended marginally higher as Europe chose to ignore the region’s negative economic data and focus on the possibility of an early …
Major Indexes Extend Weekending Rally Even As Europe Dithers; TAN Shines, VIXY Fades
[Chart courtesy of MarketWatch.com] Major market indexes closed higher Monday extending Friday’s rally as investors remained positive over news of lower Spanish and Italian borrowing costs and a stronger-than-expected jobs report last Friday. The Dow Jones Industrial Average (DJIA) rose 21 points paring the day’s 91-point gain. Within the Dow, the breadth remained positive with 19 of the index’s 30 …
New ETFs On The Block: ALPS Sector Dividend Dog ETF (SDOG)
ALPS, the Denver-based small ETF issuer known for its commodity focused products, introduced a fund that combines high dividend yielding stocks with equal sector-weighting methodology. The new product, the Sector Dividend Dog ETF (SDOG) offers exposure to the highest yielding 50 stocks by applying the well-known “Dogs of the Dow” methodology from a wider set of stocks instead of the …
ETF/No Load Fund Tracker Newsletter For Friday, August 3, 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-08022012/ ———————————————————— Market Commentary Friday, August 3, 2012 AFTER FOUR DAYS OF LOSSES, US EQUITIES RALLY ON IMPROVED JOBS DATA; EWI FLIES, VXX CRASHES US equities rallied for the second straight session Friday following a forecast-beating July jobs data report that indicated a gradual but …
Draghi Drags Down Major Indexes—Confirms He Is ‘All Hat And No Cattle;’ KWT Rallies, UNG Slips
[Chart courtesy of MarketWatch.com] US major indexes extended their losing streak for the fourth straight day Thursday after the European Central Bank failed to deliver on its earlier pledge to halt a further decline of the ongoing sovereign debt crisis. ECB president Draghi, who last week single handedly ignited a rally in equities with talk of upcoming bazooka like actions, …