[Chart courtesy of MarketWatch.com] Boosted by solid tech and housing data, US stocks rallied Thursday with the S&P 500 hitting its highest level since April even though regional manufacturing data remained mostly disappointing. Angela Merkel provided additional support to the markets after the German Chancellor said Berlin remains committed to the single currency during a trip to Canada. All the …
Equities Edge Higher On QE Addiction—What If The ECB Does Not Deliver?
[Chart courtesy of MarketWatch.com] US equities surged higher Tuesday, extending gains for the third straight day with the S&P 500 clipping the 1,400 mark and the NASDAQ sitting atop 3,000 for the first time in three months on hopes the European Central Bank will intervene soon to halt rising Spanish and Italian borrowing costs. Let me be clear again. Markets …
Major Indexes Extend Weekending Rally Even As Europe Dithers; TAN Shines, VIXY Fades
[Chart courtesy of MarketWatch.com] Major market indexes closed higher Monday extending Friday’s rally as investors remained positive over news of lower Spanish and Italian borrowing costs and a stronger-than-expected jobs report last Friday. The Dow Jones Industrial Average (DJIA) rose 21 points paring the day’s 91-point gain. Within the Dow, the breadth remained positive with 19 of the index’s 30 …
ETF/No Load Fund Tracker Newsletter For Friday, August 3, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/08/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-08022012/ ———————————————————— Market Commentary Friday, August 3, 2012 AFTER FOUR DAYS OF LOSSES, US EQUITIES RALLY ON IMPROVED JOBS DATA; EWI FLIES, VXX CRASHES US equities rallied for the second straight session Friday following a forecast-beating July jobs data report that indicated a gradual but …
Draghi Drags Down Major Indexes—Confirms He Is ‘All Hat And No Cattle;’ KWT Rallies, UNG Slips
[Chart courtesy of MarketWatch.com] US major indexes extended their losing streak for the fourth straight day Thursday after the European Central Bank failed to deliver on its earlier pledge to halt a further decline of the ongoing sovereign debt crisis. ECB president Draghi, who last week single handedly ignited a rally in equities with talk of upcoming bazooka like actions, …
ETF/No Load Fund Tracker Newsletter For Friday, July 27, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/07/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-07262012/ ———————————————————— Market Commentary Friday, July 27, 2012 EQUITY ETFS SURGE FOR SECOND STRAIGHT DAY ON EUROPE HOPE; EWP VAULTS, VIXY IN THE TANK US stocks rallied for the second consecutive day on Friday, finishing the week higher on hopes the European politicians will take …