[Chart courtesy of MarketWatch.com] Major Market ETFs gained for the second straight day Wednesday as investors offered muted reactions to the news that the Fed is keeping its interest rate target unchanged and cheered strong Q1 performance from big US companies including Apple and Boeing. Following Wednesday’s Federal Open Market Committee meeting in Washington, Chairman Ben Bernanke dropped enough hints …
US Markets Close Mixed As Tech Stocks Slip; KRU Pops, GAZ Drops
[Chart courtesy of MarketWatch.com] US stocks closed mixed Tuesday with the broad market holding onto gains as investors welcomed encouraging Q1 corporate results, while Netflix’s weaker-than-expected outlook weighed NASDAQ down. Apple Inc came under selling pressure ahead of its earnings report after the close. As was hoped for, Apple delivered beyond expectations which may bode well for a positive opening …
US Equity ETFs Slide On Europe And China Fears; SDK Pops, UMX Sinks
[Chart courtesy of MarketWatch.com] US equity ETFs retreated Monday as political uncertainty in Europe continued to dominate the headlines with French President Nicholas Sarkozy losing the first round of elections to socialist presidential aspirant Francois Hollande. Hollande has been openly hostile to Sarkozy’s austerity proposals and has vowed to tax the rich if voted to power. The Netherlands’ coveted AAA …
ETF/No Load Fund Tracker Newsletter For Friday, April 20, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/04/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-04192012/ ———————————————————— Market Commentary Friday, April 20, 2012 US BROAD MARKET EDGES HIGHER ON EARNINGS US stocks mostly ended higher Friday with two indices reversing a two-week losing streak and recouping early week losses, as Wall Street welcomed another round of decent earnings from American …
US Stocks Retreat On Weak Data And Europe Crisis; FBT Pops, TYH Tanks
[Chart courtesy of MarketWatch.com] Stocks ended lower for the second day in a row Thursday as unease over Europe and weak US economic data eclipsed the positive Q1 earnings readings. Treasury yields dropped for the second day in a row as US jobless claims and existing home sales data failed to meet expectations, increasing the attractiveness of US assets. The …
US Equity ETFs End Lower As Tech Falters; VXX Rises, EWP Sinks
[Chart courtesy of MarketWatch.com] US equity ETFs ended lower Wednesday with the broad indices retreating a day after the markets posted their biggest gains in a month, as technology bellwethers Intel Corp and IBM Corp’s results came in below (already lowered) expectations. Treasuries advanced as concern over the European sovereign-debt crisis deepened before a crucial Spanish debt auction Thursday, spurring …