[Chart courtesy of MarketWatch.com] US stocks rallied Thursday after European Central Bank President Mario Draghi said in London the central bank will do whatever is required to preserve the euro, boosting investor sentiment. The timing of his announcement was perfect, as there was no opposing view with German chancellor Merkel having gone on vacation, which may make the effect on …
US Equites Head South As Greece Takes Center Stage Again; VIXY Vaults, EWP Sinks
[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 …
ETF/No Load Fund Tracker Newsletter For Friday, July 20, 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-07192012/ ———————————————————— Market Commentary Friday, July 20, 2012 US STOCKS SNAP THREE-DAY WINNING STREAK AS SPAIN MOVES ONTO THE BAILOUT MENU; VIXY LEAPS, EWP CRASHES Domestic equities snapped its three-day winning streak to close lower Friday on reports of record high 10-year Spanish bond yields …
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 …
Equities Slide Ahead Of Key Brussels Meeting; EGPT Soars, GREK Sinks
As investors became worried ahead of a key meeting this week in Brussels (rightfully so), and after reports of Greek Finance Minister resigning on health grounds just four days into his job hit the wires, US equities plummeted more than one percent Monday. Moods were soured further after Cyprus became the fifth nation in the single-currency union to seek money …