[Chart courtesy of MarketWatch.com] US stocks slipped to their lowest level in nearly a month Wednesday following a weak Spanish bond auctions report that revived the specter of the Greek debt crisis being repeated. Markets were also spooked as investors remained worried about how markets would react without further monetary stimulus from the Federal Reserve, as the bunch bowl got …
Major Market ETFs Retreat On FOMC Minutes; VXX Rises, GAZ Sinks
[Chart courtesy of MarketWatch.com] US stocks slipped Tuesday with the Dow Industrials declining for the first time in four days after the minutes from the Federal Reserve Open Market Committee indicated lesser possibility for further monetary stimulus. The markets reminded me of that famous Rolling Stone song “you can’t always get what you want,” as another QE had been expected. …
US Equity ETFs Rally Into The Second Quarter; GAZ Pops, VXX Tanks
[Chart courtesy of MarketWatch.com] US stocks rallied Monday, extending last week’s advances, after better-than-expected latest domestic manufacturing data stretched Wall Street’s best first quarter since 1998. The Dow climbed to its highest level since 2007 after the Institute of Supply Management’s index on manufacturing activity rose to 53.4 in March, slightly beating market expectations. The Federal Reserve kept buying debt …
ETF/No Load Fund Tracker Newsletter For Friday, March 30, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/03/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-03292012/ ———————————————————— Market Commentary Friday, March 30, 2012 US Equity ETFs End Best First Quarter Since 1998; JJG Surges, VXX Tanks US stocks closed mixed Friday, with the Dow and the S&P 500 notching their biggest first quarter gains in more than a decade after …
Major Market ETFs End Mixed On Weak Data; VXX Drops Slightly, GAZ Runs Out Of Gas
[Chart courtesy of MarketWatch.com] The Dow staged a late-session comeback to break a two-session losing streak even as US stocks ended mixed Thursday. A raft of weak economic numbers, including a higher-than-expected jobless claim, soured investor sentiments driving both the NASDAQ and the S&P 500 lower for the second day in a row. Strong demand for Treasuries pushed yields down …
Equity ETFs Extend Losses On Global Growth Jitters; VXX Zooms, GDXJ Sinks
[Chart courtesy of MarketWatch.com] Equity ETFs extended losses Wednesday after US durable goods orders came in weaker than expected, fueling global growth worries. Commodities took a big hit with copper and oil roughly falling by 2 percent while gold lost more than a percent as investors dumped energy and materials related stocks. Treasuries tumbled for the second day as demand …