[Chart courtesy of MarketWatch.com] Capping a choppy trading session, US stocks finished little changed Tuesday after an early rally triggered by an increase in housing starts in October was offset by a sharp sell-off in Hewlett-Packard shares. The looming budget negotiations on tax hikes and spending cuts continued to weigh on investors after Federal Reserve Chairman Ben Bernanke urged lawmakers …
Fiscal Cliff Hope Fest Pushes Indexes Higher, But On Very Low Volume; Europe Surges
[Chart courtesy of MarketWatch.com] US stocks surged Monday to log their biggest single-session gain in months on positive housing data and increasing investor confidence that a budget deal would be reached in Washington. Mind you that a deal is pure hope at this time, and I have my doubts that total cooperation without any battle will actually be feasible. Wall …
ETF/No Load Fund Tracker Newsletter For Friday, November 16, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/11/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-11152012/ ———————————————————— Market Commentary Friday, November 16, 2012 US EQUITIES SNAP LOSING STREAK, BUT END WEEK LOWER; EUROPE SLIDES FURTHER US stocks edged higher in late trading trimming weekly losses today as markets turned optimistic about budget negotiations after House Speaker John Boehner said he …
Last Hour Rally Saves The Day For Equities; Domestic TTI Barely Breaks The Trend Line To The Downside
[Chart courtesy of MarketWatch.com] Domestic stocks extended losses for the fourth straight session Thursday as investors weighed negative data on employment and manufacturing activity, and political uncertainties overseas. A Labor Department report revealed 439,000 Americans filed for unemployment benefits last week, a sharp increase of 78,000 that analysts attributed to Hurricane Sandy while a separate monthly manufacturing survey by the …
Major Indexes Fall As Budget Debate Weighs; Europe Rises
[Chart courtesy of MarketWatch.com] US major indexes finished lower Tuesday after rallying early on as optimism over home improvement retailer Home Depot’s strong results were offset by fiscal cliff worries. Investors chose to stick to the sidelines, unsure if lawmakers could cut a deal that would stop the onset of sharp spending cuts and tax hikes in January. Giving up …
Major Market ETFs Caught In Downward Spiral; TTIs Remain Above Their Trend Lines; Europe Heads South On German Worry
US stocks slumped Wednesday after a sell-off on Wall Street gained momentum as investors focused on the looming fiscal cliff and Europe’s debt crisis. The Dow Industrials logged its worst daily decline since November 2011 following President Barack Obama’s re-election Tuesday night. Risk sentiment soured after violent protests broke out in Greece as the country’s parliament got ready to vote …