ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/03/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-03222012/ ———————————————————— Market Commentary Friday, March 23, 2012 EQUITY ETFs RISE TO SHAVE WEEKLY LOSSES; GDXJ SHINES, TVIX NOSEDIVES FOR THE SECOND DAY US stocks closed higher Friday as a weak dollar and a rise in oil prices boosted commodities related stocks, helping shave weekly …
Major Market ETFs Fall On China Growth Worries; XRT Rises, GAZ Drops
US stocks retreated Tuesday as China growth worries overpowered upbeat US housing market data. The pullback wasn’t surprising to me; actually it was long overdue, as the indexes had been inching towards historic highs with consecutive gains in the last few sessions. Today’s (minor) sell off was triggered by falling commodity prices over Chinese growth worries. Copper prices sank 2 …
U.S. Stocks Rise With Consumer Confidence, UNG Dips With Oil, SLV Zooms
[Chart courtesy of MarketWatch.com] Soaring consumer confidence and falling oil prices triggered a rally in US stocks as the Dow Jones Industrial Average closed over the psychologically important 13,000 mark for the first time since May ’08. The DJIA ended at 13,005.12, a gain of 0.2 percent, while the S&P 500 added 0.3 percent to close at 1,372.18, its highest …
Major Market ETFs Drift Sideways, Gold Gains Again As Yellow Metal Inches Towards $1,800
[Chart courtesy of MarketWatch.com] US equity indexes ended the day lower as markets took a break on Wednesday after rallying for three sessions amid fears about global recovery and the sustainability of Greek measures in the mid-term. There has been much chatter about a possible contagion in the short-term when the Greek crisis had broken out. This hypothesis has become …
Gold ETF (GLD) Outshines Gold Mining ETF (GDX)
Is there nothing an investor can count on? A long-held gold investing maxim appears to be breaking down. It used to be that you could count on gold-mining stocks to do twice as well as gold itself when the price of the metal was rising. That’s what the WSJ (subscription required) reported in “Oil Prices Take a Bite Out of …