[Chart courtesy of MarketWatch.com] The major U.S. equity averages finished the shortened trading session due to tomorrow’s Independence Day to the upside. The U.S. stock market closed at 1 p.m. today. It will reopen on Friday for a full session. Wednesday was a volatile day as traders squared positions before the holiday and Friday’s job market data. Stocks began on …
Index ETFs Dip In Volatile Session
[Chart courtesy of MarketWatch.com] U.S. equity ETFs edged lower erasing earlier gains despite upbeat domestic auto sales figures for June and a stronger-than-forecasted report on factory orders. Selling pressure was fueled in-part by the escalating political turmoil in Egypt along with euro weakness after reports indicated the International Monetary Fund and Eurozone officials gave Greece three days to prove its …
Bulls Kick-Off Year’s Second Half On Solid Data
[Chart courtesy of MarketWatch.com] Stocks started hot on Monday with strong gains across the board; the second half of the year began in the same positive fashion as the first half, rebounding from Friday’s sell-off. But volume lagged all day, and prices cooled down by day’s end. Upbeat manufacturing reports from the U.S., Japan, and the Eurozone among others helped …
ETF/No Load Fund Tracker Newsletter For Friday, June 28, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/06/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-06272013/ ———————————————————— Market Commentary Friday, June 28, 2013 STOCKS END MIXED BUT BEST FIRST HALF SINCE 1998 U.S. equities had a rollercoaster week that ended on a downward slope. Traders grappled with a plethora of disappointing corporate earnings releases and a larger-than-anticipated decline in regional …
Make It Three In The Row
[Chart courtesy of MarketWatch.com] U.S. stocks climbed for a third straight day today, allowing the Dow Jones Industrial Average to close above 15,000 again and sending the Standard & Poor’s 500 Index to its biggest three-day rally since January. Several Federal Reserve policymakers threw a big assist by jawboning the markets higher with comments that the central bank is not …
Negative Releases Boost Index ETFs…Again!
[Chart courtesy of MarketWatch.com] U.S. stocks rallied for a second day on Wednesday, recouping some recent losses as slower-than-forecast economic growth fueled speculation the Federal Reserve will maintain stimulus. The Dow Jones Industrial Average rose 150 points (1.0%) to 14,910, the Standard & Poor’s 500 Index added 15 points (1.0%) to 1,603, while the Nasdaq Composite gained 28 points (0.8%) …