[Chart courtesy of MarketWatch.com] US stocks tumbled Tuesday with the Dow and the NASDAQ ending lower for the fourth straight day as investors became wary of corporate earnings looking softer than forecasted based on a string of weak results by technology companies. Stocks opened strong earlier over news that EU finance ministers agreed late Monday to release an initial €30 …
US Equities Go Nowhere As Jitters Grow Ahead Of Q2 Results; Merkel Seen At Wimbledon
[Chart courtesy of MarketWatch.com] US stocks finished lower Monday, extending their losing streak for the third straight day as investors became jittery on worries that profits will fall compared to the first quarter after Corporate America lowered earnings forecast as the second quarter earnings season takes off. US government debt rallied led by the 30-year bonds as Italy’s 10-year bond …
ETF/No Load Fund Tracker Newsletter For Friday, July 6, 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-07052012/ ———————————————————— Market Commentary Friday, July 6, 2012 EQUITY MARKETS END LOWER AS JOB GROWTH DISAPPOINTS; ZROZ FLOATS, UNG LEAKS US equities slumped Friday with the Dow Industrials and the S&P 500 finishing the week lower following a US Labor Department report that showed employers …
Major Market ETFs Slide On Services Data; JJG Surges, EWP Sinks
[Chart courtesy of MarketWatch.com] The Major Market ETFs ended mostly lower Thursday as weak US services data combined with a coordinated interest rate cut by the European Central Bank and the People’s Bank of China subdued investors’ risk appetite. Yields on US Treasuries dropped as investors rushed to buy safe-haven assets amid indications that the global recovery is faltering. The …
Equities Rally As Auto Sales, Factory Orders Robust In June; GDXJ Shines, VIXY Tumbles
[Chart courtesy of MarketWatch.com] Strong factory orders and an increase in auto sales for May pushed US stocks higher Tuesday after closing mixed Monday as investors breathed easy on concerns that the economy is faltering. Of course, as has been the case lately, bad economic news is simply ignored while decent reports provide the fuel for a rally. Go figure. …
Dow Slips As Manufacturing Disappoints; Worst NYSE Volume In Over A Decade
[Chart courtesy of MarketWatch.com] The S&P 500 and NASDAQ ended shrugged off early weakness to close modestly higher, while the Dow Industrials closed slightly lower Monday after ISM data showed US manufacturing shrank unexpectedly in June for the first time since July 2009. Volume was the worst on the NYSE in a decade and, even when compared to other July …