[Chart courtesy of MarketWatch.com] Major market ETFs rallied for the second day Thursday, marking its biggest two-day gain in 2012, as the Federal Reserve signaled continuation of low interest rate and accommodative monetary policies to avoid a slowdown. Sentiments were also buoyed after data released by the Chinese central bank showed new loan volumes were higher than estimated, reducing fears …
Major Market ETFs Surge As Greece Inches Towards Debt-Swap; EWD Gains, GAZ Tanks
[Chart courtesy of MarketWatch.com] U.S. stocks surged on Thursday as the deadline for the history’s greatest sovereign debt-swap exercise, also crucial for Greece to secure the next-round of bailout money, passed. Thursday’s deal is the (alleged) final barrier to Athens’ securing the second round of bailout money from the International Monetary Fund and the European Union to avoid a messy …
Dow Witnesses Biggest Fall In Three Months; VXX Soars On Higher Volatility, ERUS Sinks
[Chart courtesy of MarketWatch.com] U.S. stocks suffered their biggest drop this year on Tuesday as fears of a disorderly Greek default loomed large. The DJIA sank by more than 200 points after the US markets witnessed a sell-off following weak economic data from Europe and rising yields on EZ government bonds. As Greece struggles to meet Thursday’s deadline to convince …
ETF/No Load Fund Tracker Newsletter For Friday, March 2, 2012
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-03012012/ ———————————————————— Market Commentary Friday, March 2, 2012 U.S. INDEXES SNAP WINNING STREAK; XLE SLUMPS AS OIL SINKS; GAZ BURNS BRIGHT The Dow Jones Industrial Average (DJIA) snapped a three week winning streak as indexes closed lower on Friday. Treasuries advanced for the first time …