[Chart courtesy of MarketWatch.com] US stocks closed with only small losses after speculations of a breakthrough in the ongoing EU summit in Brussels fueled a late-session recovery. The rumor over a possible progress in negotiations grew stronger after Bloomberg reported German Chancellor Angela Merkel has cancelled her scheduled press conference on Thursday night, raising hopes that European leaders will announce …
ETF/No Load Fund Tracker Newsletter For Friday, April 27, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/04/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-04262012/ ———————————————————— Market Commentary Friday, April 27, 2012 MAJOR MARKET ETFS END WEEK ON A HIGH; GLDX RISES, DXJ SINKS US stocks advanced Friday, extending weekly gains as strong corporate earnings outweighed disappointments over weaker than expected first-quarter GDP growth. Treasury 10-year notes settled lower …
Major Market ETFs End Mixed On Weak Data; VXX Drops Slightly, GAZ Runs Out Of Gas
[Chart courtesy of MarketWatch.com] The Dow staged a late-session comeback to break a two-session losing streak even as US stocks ended mixed Thursday. A raft of weak economic numbers, including a higher-than-expected jobless claim, soured investor sentiments driving both the NASDAQ and the S&P 500 lower for the second day in a row. Strong demand for Treasuries pushed yields down …