Fed Chief Disappoints – Major Market ETFs Slide

Ulli Market Commentary Contact

Yesterday’s rally ran into resistance, as an early bounce turned into an afternoon fade disappointing those that had hoped for more follow through to the upside. Fed Chief Bernanke’s speech sent the markets lower, as he offered no tangible details as to the assist he could provide in boosting the economy. Wall Street’s high expectations simply turned into disappointment. Unless, …

A Relief Rally For Equity ETFs

Ulli Market Commentary Contact

After 3 days of relentless selling, which caused the S&P 500 to lose -4.43%, it was time for a relief rally or possibly a dead cat bounce. The index managed to make up some of the recent losses by gaining +2.86% on the day as the chart, courtesy of MarketWatch.com, shows. There were several supporting actors lending an assist as …

Major Market ETFs Head Lower, But Damage Is Limited

Ulli Market Commentary Contact

At the open, the markets looked downright ugly as the Dow was briefly down some 300 points before a slow rebound cut into the early losses. Financial stability in Europe, or the lack thereof, along with a fallout from Friday’s poor unemployment numbers combined to support the bearish case for the moment. Yesterday’s pounding of the European markets caused by …

Last Week In Review: ETF News And Blog Posts To 9/4/2011

Ulli ETF News Contact

In case you missed it, here’s a summary of the ETF topics and market reviews I posted to my blog during the week ending on 9/4/2011. Despite the almost unchanged position of the S&P 500 after the past week, we ended the week on a sour note as a result of the horrific jobs report. This goes along with my …