[Chart courtesy of MarketWatch.com] US stocks declined Wednesday as investors remained worried over Sunday’s Greek elections. The situation was compounded further after ratings agency Egan-Jones cut Spain’s government debt to junk Wednesday. Treasuries advanced to erase yesterday’s gain in yields as markets turned jittery after reports showed a decline in US retail sales in May, spiking demand for safe-haven assets. …
Major Market ETFs Rise On Upbeat Services Number; ITB Gains, VXX Dips
[Chart courtesy of MarketWatch.com] Major Market ETFs closed higher Tuesday for the second straight day, pushing the Dow Industrials into the green territory and snapping four loss-sessions, as investors cheered a better-than-expected ISM index’s nonmanufacturing businesses reading. Gains, however, were limited as the ongoing European sovereign debt crisis continued to overshadow this positive US economic development. Ratings agency Standard & …
ETF/No Load Fund Tracker Newsletter For Friday, June 1, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/05/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-05312012/ ———————————————————— Market Commentary Friday, June 1, 2012 QE3 POSSIBILITY GOES UP AS ECONOMY SHOWS SIGNS OF SLOWDOWN; GDXJ SHINES, ITB TUMBLES On the first trading day of June, US stocks plummeted by over 2 percent Friday to register the worst day of 2012 with …
US stocks melt up on earnings, housing data; GASL gains, VXX drops
[Chart courtesy of MarketWatch.com] US stocks continued with their winning streak for the third straight day Thursday as better-than-estimated housing data overshadowed concerns over a weak job market and mixed corporate earnings readings. The S&P 500 index topped the 1,400 mark in intraday trading for the first time in three weeks as software company Citrix Systems raised their 2012 outlook. …
US Markets Close Mixed As Tech Stocks Slip; KRU Pops, GAZ Drops
[Chart courtesy of MarketWatch.com] US stocks closed mixed Tuesday with the broad market holding onto gains as investors welcomed encouraging Q1 corporate results, while Netflix’s weaker-than-expected outlook weighed NASDAQ down. Apple Inc came under selling pressure ahead of its earnings report after the close. As was hoped for, Apple delivered beyond expectations which may bode well for a positive opening …
US Equities End Mixed On Europe Concerns; ICF Crawls Up, VXX Sinks
[Chart courtesy of MarketWatch.com] US equities ended mixed Monday despite higher corporate earnings and better-than-estimated retail sales boosting sentiments as investors weighed US economic data with a contagion possibility in Europe. Heavy selling in the tech area more than offset a rebound in blue-chip stocks, dragging the major US indices down. Yield on benchmark 10-year Treasuries consolidated below the 2-percent …