US Stocks Slip For Fifth Day; VXX Surges, GAZ Tanks

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[Chart courtesy of MarketWatch.com] US stocks closed sharply down Tuesday, extending losses for the fifth session as fear trade gathered steam over Eurozone’s financial health. All the three major stock indices tumbled more than 1.5 percent after the spread between Spanish and German bond yields surged in European trade, bringing back memories of the Greek crisis just before the beginning …

US Equity ETFs Suffer Delayed Fall On Weak Jobs Data; VXX Rises For The Fifth Day While GAZ Slips

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[Chart courtesy of MarketWatch.com] Following the government’s nonfarm payrolls report on Friday that showed companies added fewer jobs than forecast, US stocks suffered their biggest loss in over a month on Monday, reacting on the first trading day since the report was published last week. Analysts however, attributed Monday’s pull-back to profit booking by investors, pointing out average monthly job-addition …

US Stocks End Mixed; VXX Rallies On Fear, EWO Tanks

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US stocks ended mixed Thursday with the broad market ETFs retreating for the third successive day in a shortened week, as worries over Spanish debt crisis returned to haunt Wall Street. All the indices closed lower for the week despite better weekly claims data ahead of Friday’s nonfarm payrolls reading for March. As equities sank, US Treasuries marched ahead for …

Equity ETFs Retreat Over Europe Worries; VXX Jumps, GDXJ Lags

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[Chart courtesy of MarketWatch.com] US stocks slipped to their lowest level in nearly a month Wednesday following a weak Spanish bond auctions report that revived the specter of the Greek debt crisis being repeated. Markets were also spooked as investors remained worried about how markets would react without further monetary stimulus from the Federal Reserve, as the bunch bowl got …

Major Market ETFs Retreat On FOMC Minutes; VXX Rises, GAZ Sinks

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[Chart courtesy of MarketWatch.com] US stocks slipped Tuesday with the Dow Industrials declining for the first time in four days after the minutes from the Federal Reserve Open Market Committee indicated lesser possibility for further monetary stimulus. The markets reminded me of that famous Rolling Stone song “you can’t always get what you want,” as another QE had been expected. …

US Equity ETFs Rally Into The Second Quarter; GAZ Pops, VXX Tanks

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[Chart courtesy of MarketWatch.com] US stocks rallied Monday, extending last week’s advances, after better-than-expected latest domestic manufacturing data stretched Wall Street’s best first quarter since 1998. The Dow climbed to its highest level since 2007 after the Institute of Supply Management’s index on manufacturing activity rose to 53.4 in March, slightly beating market expectations. The Federal Reserve kept buying debt …