[Chart courtesy of MarketWatch.com] US stocks extended gains for the second day in three as earnings by tech stocks lent an assist in helping the rally of the indexes to continue for the time being. The Dow Jones Industrial Average (DJIA) jumped 103 points with chipmaker Intel Corp (INTC) posting its biggest single-session gain since November 30. Not that Intel …
Domestic Stocks Rise In Choppy Trade On Some Solid Q2 Earnings But No QE; PGJ Sinks
[Chart courtesy of MarketWatch.com] Domestic stocks ratcheted higher Monday even though Fed Chairman Ben Bernanke gave no hint that another round of assets purchase is imminent, so investors overcame disappointment and focused on consensus-beating economic reports and positive second-quarter earnings news. The Dow Jones Industrial Average (DJIA) settled 78.33 points higher in a choppy market after sinking as much as …
US Equities Leak As Retail Sales Disappoint; CORN Pops
[Chart courtesy of MarketWatch.com] US equities finished lower Monday as retail sales dropped unexpectedly for the third straight month, even though economists had forecasted a slight increase, raising concerns about the economic recovery that ultimately pushed down two of the three indexes for the seventh session in last eight. US Treasury five-year yields fell to a record low of 0.60 …
ETF/No Load Fund Tracker Newsletter For Friday, July 13, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/07/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-07122012/ ———————————————————— Market Commentary Friday, July 13, 2012 US STOCKS BOUNCE BACK ON BANK EARNINGS; IYG RISES, VIXY CRASHES US stocks rallied Friday with the Dow Jones Industrial snapping a six-day losing streak as banking stocks jumped following a stronger-than-anticipated earnings result from JP Morgan. …
US Stocks Claw Back But Close Lower On Economy, Earnings Worries And Lack Of QE; ITB Rises, EWY Tanks
[Chart courtesy of MarketWatch.com] US stocks ended lower Thursday, extending their losing streak for the sixth consecutive day as investors grew worried over warnings from the technology sector on profits and remained wary of the lack of pace of global economic recovery. Treasuries rallied as the allure for safe-haven assets seemed more attractive after the bank of Japan refused to …
Fed Disappoints—Major Market ETFs Slip And Slide; Punk Economics Video Simplifies Understanding Of Economic Connections
[Chart courtesy of MarketWatch.com] Major Market ETFs extended losses for the fourth day, although only slighty, after the latest Federal Reserve minutes showed few members arguing in favor of further assets purchase despite US unemployment rate remaining elevated. As the chart above shows, the QE junkies were disappointed as the markets stumbled. Despite sinking 118 points earlier, the Dow Jones …