[Chart courtesy of MarketWatch.com] Domestic equities surged more than one percent Tuesday, wiping off losses suffered Monday, as investors took a cue from Europe’s peripheral markets after Spanish bonds came off Euro-era record highs on speculation the Federal Reserve and other central banks will restart asset purchase programs. Sure, we’ve heard that one before resulting in very short-term effects. Treasuries …
Equity ETFs Drop As Spain Rescue Disappoints And Greece’s Election Looms Large; VIXY Pops, GAZ Crashes
[Chart courtesy of MarketWatch.com] US stocks swung wildly Monday giving up early gains to close sharply lower following the best week of the year as investors remained concerned over the upcoming Greek elections and optimism over Spain’s $125 billion bank bailout-deal fizzled on worries that the benefits will not be sustained. The treasury 30-year bonds pushed higher for the first-time …
ETF/No Load Fund Tracker Newsletter For Friday, June 8, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/06/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-06072012/ ———————————————————— Market Commentary Friday, June 8, 2012 MAJOR MARKET ETFS POST BEST WEEKLY GAIN OF THE YEAR; EWP RISES, VIXY CRASHES US stocks headed higher Friday to extend gains for the fourth straight day and capping their best week of the year amid rumors …
Equity ETFs Trim Gains As Bernanke Avoids QE Reference; BAL Rocks, UNG Slips
[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 & …