[Chart courtesy of MarketWatch.com] US equity indexes started September on a weak note as investors’ concern that the economy was slowing over weak manufacturing data was somewhat tempered by hopes the European Central Bank will intervene to tame the continent’s debt crisis. Here we go again. We will find out soon if Mario Draghi’s promise to deliver a European solution …
ETF/No Load Fund Tracker Newsletter For Friday, August 31, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/08/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-08302012/ ———————————————————— Market Commentary Friday, August 31, 2012 US, EUROPE STOCKS RALLY AFTER BERNANKE HINTS AT QE 3 IN JACKSON HOLE SPEECH US stocks rallied Friday to cap a disappointingly low volume August with more gains following the US Fed Chairman Ben Bernanke’s speech at …
Stock Indexes Retreat As Fed Stimulus Hope Fades; Europe Slides On PMI Data
[Chart courtesy of MarketWatch.com] Stock indexes tumbled with the Dow industrials posting its biggest fall in more than a month that also marked its fourth down day after global manufacturing data showed signs of slowdown and a US Fed official cast doubts over further accommodative policies soon. The Dow Jones Industrial Average (DJIA) closed 115 points lower after losing as …
Equities Pare Losses After Fed Minutes; Europe Slumps Ahead Of Greece Meeting
[Chart courtesy of MarketWatch.com] Equities trimmed losses Wednesday with the broad market closing near flat after the minutes from the Fed’s last meeting showed many policy makers favored another round of monetary stimulus if the economy failed to show signs of a durable pick up. The Dow Jones Industrial Average closed 31 points lower after sinking as much as 83 …
US Equities Pause Ahead Of FOMC Minutes; International Buy Signal Generated
[Chart courtesy of MarketWatch.com] US equities hit the pause button on a placid August trading session, as investors chose to wait ahead of the Federal Reserve’s minutes from the last meeting due out ater this week as worries about Europe offset gains in the technology and banking sector. The Dow Jones Industrial Average (DJIA), the S&P 500 and the NASDAQ …
US Equities Viagra Higher In Late Trading On EU Hope; XHS Rises, SLV Tumbles
[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 …