[Chart courtesy of MarketWatch.com] 1. Moving The Markets The major indexes appeared to meander aimlessly with the Dow and Nasdaq edging slightly higher while the S&P 500 dropped late in the session to post a minor loss. After breaking major milestones last week, the market looked a little tired as volume slowed down during this Holiday shortened week, which can …
The German Surplus And Some Insight Into An Overlooked ETF Segment
[Chart courtesy of MarketWatch.com] 1. Moving The Markets Wall Street closed in the red on Wednesday as traders responded to slightly more hawkish-than-expected minutes from the Federal Reserve. Many members of the Federal Reserve’s policy-setting committee said they could see the central bank trimming its $85-billion-a-month bond-buying program at ‘one of its next few meetings,’ minutes from the October meeting …
Major Market ETFs Extend Losses On Weak Economic Data; GDX Soars, IWM Slips
[Chart courtesy of MarketWatch.com] Major market ETFs got spanked on Thursday closing lower for the fifth straight day with the Dow industrials retreating for the 11th out of 12 sessions when the Philly Fed manufacturing index contracted unexpectedly to -5.8 in May from 8.5 in April as export growth slowed. Treasury 10-year yields headed towards record lows as Greece’s future …