[Chart courtesy of MarketWatch.com] Equity ETFs pared early gains to end mixed Thursday after Fed Chairman Ben Bernanke chose to remain silent, despite market expectations of quantitative easing measures and the Chinese central bank cutting interest rates by a quarter percent to ward off a deepening slowdown. Treasuries remained choppy with the 10-year closing at the highest level in a …
US Stocks Post Biggest Gain Of 2012 On Stimulus Hopes; EPI Pops, VIXY Sinks
[Chart courtesy of MarketWatch.com] After equities suffered through their worst loss in 6 months only 3 days ago, it’s only fitting that this was followed by the biggest gain for the year. Such is the world of a manilupated market environment by the Fed. As a result, US stocks surged Wednesday with the S&P 500 and the Dow industrials adding …
Major Market ETFs Rise On Upbeat Services Number; ITB Gains, VXX Dips
[Chart courtesy of MarketWatch.com] Major Market ETFs closed higher Tuesday for the second straight day, pushing the Dow Industrials into the green territory and snapping four loss-sessions, as investors cheered a better-than-expected ISM index’s nonmanufacturing businesses reading. Gains, however, were limited as the ongoing European sovereign debt crisis continued to overshadow this positive US economic development. Ratings agency Standard & …
US Equities Maintain Negative Bias; EWP Pole Vaults, KWT Crashes
[Chart courtesy of MarketWatch.com] US equities remained near flat Monday despite witnessing choppiness in early trading as a larger-than-expected drop in factory orders added to souring sentiment about the domestic growth. US factory orders slipped 0.6 percent in April against an expected gain of 0.1 percent. Treasuries retreated for the first time in four days to erase earlier gains amid …
ETF/No Load Fund Tracker Newsletter For Friday, June 1, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/05/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-05312012/ ———————————————————— Market Commentary Friday, June 1, 2012 QE3 POSSIBILITY GOES UP AS ECONOMY SHOWS SIGNS OF SLOWDOWN; GDXJ SHINES, ITB TUMBLES On the first trading day of June, US stocks plummeted by over 2 percent Friday to register the worst day of 2012 with …
US Stocks End Lower As Major Market ETFs Lose Six Percent In May; TLT Rises, USO Dips
[Chart courtesy of MarketWatch.com] US stock indexes extended losing their streak Thursday, dropping to their lowest levels since 2010 with the blue-chip Dow halting its winning streak in May. Investor sentiment sank following a report from payroll-services firm ADP that showed US companies added fewer jobs in May than the forecasted 157,000. At 133,000, unemployment rate is expected to remain …