[Chart courtesy of MarketWatch.com] Equity ETFs edged lower as rhetoric over progress on budget negotiations by Senate Majority Leader Harry Reid triggered a late sell off that eclipsed better than expected Economic data and an alleged European deal on Greece aid. Investors mostly shrugged off strong reports on the US economy and positive developments in Europe. The S&P/Case-Shiller 20 city …
Indexes Stall Ahead Of Budget Negotiations; Europe Slips On Greece Worries
[Chart courtesy of MarketWatch.com] The S&P 500 snapped a five-day winning streak in the first full trading session since Wednesday, with stocks finishing mostly lower Monday as investors grew wary ahead of budget negotiations in Washington and Europe struggled to reach a consensus over Greece that would release the next tranche of aid money. After slipping 109 points in early …
ETF/No Load Fund Tracker Newsletter For Friday, November 23, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/11/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-11212012/ ———————————————————— Market Commentary Friday, November 23, 2012 US STOCKS REBOUND ON STRONG DATA; TREASURIES FALL AS GREECE DEBT-SWAP ADVANCES US stocks surged more than 1 percent Friday to log their biggest weekly rally since June after President Obama expressed confidence on a budget deal …
Equities Inch Higher On Economy, Mideast; Europe Edges Up While Greece Lingers
[Chart courtesy of MarketWatch.com] US equities managed to eke out modest gains with major averages hitting a near two-week high after a ceasefire deal was announced between Israel and Hamas in Egypt, propelling the S&P 500 and NASDAQ Composite into the expansionary territory for the fourth straight session. In the US, weekly jobless claims dropped to 410,000, a Labor Department …
US Rally Fizzles As HP Plunge Offset Housing Gains; Europe Buoyed By Mideast Hope
[Chart courtesy of MarketWatch.com] Capping a choppy trading session, US stocks finished little changed Tuesday after an early rally triggered by an increase in housing starts in October was offset by a sharp sell-off in Hewlett-Packard shares. The looming budget negotiations on tax hikes and spending cuts continued to weigh on investors after Federal Reserve Chairman Ben Bernanke urged lawmakers …
Fiscal Cliff Hope Fest Pushes Indexes Higher, But On Very Low Volume; Europe Surges
[Chart courtesy of MarketWatch.com] US stocks surged Monday to log their biggest single-session gain in months on positive housing data and increasing investor confidence that a budget deal would be reached in Washington. Mind you that a deal is pure hope at this time, and I have my doubts that total cooperation without any battle will actually be feasible. Wall …