[Chart courtesy of MarketWatch.com] US equities marched south Monday with all three indexes losing about one percent as markets remained concerned over the future of the currency-union in Europe and the safety of American banks following JP Morgan’s unexpected 2-billion trading loss. Greece’s political parties struggled to form a coalition over the weekend, fuelling fears of a re-election that is …
ETF/No Load Fund Tracker Newsletter For Friday, May 11, 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-05102012/ ———————————————————— Market Commentary Friday, May 11, 2012 JP MORGAN LOSS WEIGHS ON STOCKS; EEME SHINES, IYG FADES US stocks finished the week lower for the second consecutive week on Friday as banking giant JPMorgan Chase announced an unexpected $2-billion trading loss, sending investors running …
US Broad Markets End Losing Streak; EWP Pops, KWT Drops
[Chart courtesy of MarketWatch.com] US broad markets ended higher with the NASDAQ dropping after blue-chips reversed their longest losing streak in nine months following a dip in jobless claims. Investors, however, remained cautious as Europe wavered over Greece’s possible exit from the monetary union. Treasuries cut losses as investor-demand for safe-haven US debts remained strong, though yields rose for the …
Major Market ETFs Continue To Retreat On Europe Worries; International Trend Tracking Index (TTI) Slips Into Bear Market Territory
[Chart courtesy of MarketWatch.com] US stocks bounced back to pare losses suffered earlier in the day though all the three major market indexes closed lower Wednesday as the Greece political drama weighed on investor sentiment. Treasuries rose as Europe continued to witness political turmoil following Greece’s failure to form a coalition government, driving the today’s 10-year auction-yield to record low …
Equity Markets Celebrate A Delayed “Sinko De Mayo;” Fear Of Greece Exit From EU Spooks US Stocks
[Chart courtesy of MarketWatch.com] US equities sank Tuesday as the Greek political uncertainty continued to haunt markets though major indexes managed to cut losses and clawed back to recoup earlier losses. Good thing, because for a while serious downside prospects loomed very large. As Athens struggled to form a coalition government, Treasury yields sank to a three-month low as demand …
US Equity ETFs Vacillate As Blue-Chips Retreat; INXX Soars, VXX Tanks
[Chart courtesy of MarketWatch.com] US equities wavered Monday with the blue-chip Index closing lower while the broader markets gained modestly as investors remained uncertain about the European debt crisis following the outcome of French and Greece elections. Yield on 10-year notes continues to trade at three-month lows as investors continue to buy world’s safest assets in an increasingly uncertain environment. …