[Chart courtesy of MarketWatch.com] US markets extended gains for the second straight day Wednesday, ending marginally higher after the German Constitutional Court ruling on the euro-area bailout fund, while investors remained cautiously optimistic on further monetary stimulus, as the Federal Reserve two-day policy meeting got underway in Washington. Risk appetite improved after a German Constitutional Court ratified Europe’s Permanent bailout …
US Stocks Rebound Ahead Of FOMC Meet, German Court Decision; Europe Stocks Push Higher
[Chart courtesy of MarketWatch.com] US stocks fought back Tuesday, rebounding from yesterday’s pullback as investors grew positive ahead of a German constitutional court ruling on the EU-wide bailout fund while speculations grew the US Fed will announce further stimulus after its two-day FOMC meeting starting tomorrow. Treasuries retreated, pushing yields higher even though US auction for $32 billion of three-year …
Equity Indexes Fall As Concern Over Europe Overshadows Stimulus Bets; European Stocks Decline; German Court Ruling On Deck
[Chart courtesy of MarketWatch.com] Equity Indexes pulled back today after surging to multi-year highs Friday as risk sentiment weakened amid news reports that Greece has initiated talks with creditors after its ruling-coalition failed to reach an agreement over spending cuts. Markets are jittery ahead of Wednesday’s German high court’s decision on the validity of the EUR 500 billion European Stability …
ETF/No Load Fund Tracker Newsletter For Friday, September 7, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/09/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-09062012/ ———————————————————— Market Commentary Friday, September 7, 2012 US EQUITIES EDGE UP ON FED STIMULUS HOPES; EUROPE RALLIES ON CHINA STIMULUS US stocks continued their upward journey Friday with the major indexes settling higher for the first time in three weeks and extending multi-year highs …
ECB Invokes ‘Desperate’ Measures; Market Goes Into Mania Mode
[Chart courtesy of MarketWatch.com] Boosted by European Central Bank President Mario Draghi’s announcement of an open-ended bond purchase scheme aimed at bringing down Spanish and Italian borrowing costs, US stocks broke-out Thursday to finish on a multi-year high even as the bank chief made good of his earlier pledge to preserve the common currency at any cost. Countries must seek …
Equities Change Little Ahead Of ECB Meet; Six Major Events On Deck
Equities changed little Wednesday with the blue-chip S&P 500 index posting marginal gains as investors decided to wait in the wings ahead of ECB’s all-important policy meeting Thursday. Meanwhile, Bloomberg reported the European Central bank is ready with its blueprint, called the “Money Outright Transactions,” to embark on an unlimited government bonds buying plan with maturities of three years or …