[Chart courtesy of MarketWatch.com] US equities headed south again, extending losses for the third straight day amid fresh concerns over Greece at a time when its bigger neighbors Spain and Italy are clearly heading for trouble. The “troika” of the International Monetary Fund, the European Council and the European Central Bank reached Athens amid speculations that the country will miss …
Major Market ETFs Slide On Services Data; JJG Surges, EWP Sinks
[Chart courtesy of MarketWatch.com] The Major Market ETFs ended mostly lower Thursday as weak US services data combined with a coordinated interest rate cut by the European Central Bank and the People’s Bank of China subdued investors’ risk appetite. Yields on US Treasuries dropped as investors rushed to buy safe-haven assets amid indications that the global recovery is faltering. The …
ETF/No Load Fund Tracker Newsletter For Friday, June 29, 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-06282012/ ———————————————————— Market Commentary Friday, June 29, 2012 EXUBERANCE RULES ON EU PLAN FOR SPANISH LENDERS — BUT WILL IT LAST? US stocks soared Friday with the Dow recording its biggest monthly gain in 2012 as European leaders struck a ground-breaking deal to bolster the …
US Equities Maintain Negative Bias; EWP Pole Vaults, KWT Crashes
[Chart courtesy of MarketWatch.com] US equities remained near flat Monday despite witnessing choppiness in early trading as a larger-than-expected drop in factory orders added to souring sentiment about the domestic growth. US factory orders slipped 0.6 percent in April against an expected gain of 0.1 percent. Treasuries retreated for the first time in four days to erase earlier gains amid …
US Stocks End Lower As Major Market ETFs Lose Six Percent In May; TLT Rises, USO Dips
[Chart courtesy of MarketWatch.com] US stock indexes extended losing their streak Thursday, dropping to their lowest levels since 2010 with the blue-chip Dow halting its winning streak in May. Investor sentiment sank following a report from payroll-services firm ADP that showed US companies added fewer jobs in May than the forecasted 157,000. At 133,000, unemployment rate is expected to remain …
Major Market ETFs Continue In Rally Mode, Advance For The Second Day; XLK Pops, VXX Tanks
[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 …