US stocks ended lower Thursday as global growth worries soured investor sentiments with the S&P declining for the third consecutive session. The ever so positive analysts, however, said the markets are taking a breather after recoding double-digit growths in the first quarter. Treasuries extended gains for the third day after reports showed euro-region output and China’s manufacturing weakened, boosting US …
US Broad Market ETFs Slide For The Second Day; GAZ Inches Up, KWT Sinks
[Chart courtesy of MarketWatch.com] US broad stock ETFs closed mixed Wednesday after data on new home sales came in lower unexpectedly, failing to cheer investors. 10-year Treasury notes jumped the most in two weeks even as the Federal Reserve bought $4.03 billion in US debt. The S&P 500 Index (SPX) slipped or 0.2 percent to close at 1402.89 with the …
Major Market ETFs Fall On China Growth Worries; XRT Rises, GAZ Drops
US stocks retreated Tuesday as China growth worries overpowered upbeat US housing market data. The pullback wasn’t surprising to me; actually it was long overdue, as the indexes had been inching towards historic highs with consecutive gains in the last few sessions. Today’s (minor) sell off was triggered by falling commodity prices over Chinese growth worries. Copper prices sank 2 …
Equity ETF Indexes Advance; GAZ On Fire, VXX Sinks
US stocks continued their advancement Monday, as modest homebuilder’s data indicated the sector’s gradual recovery ahead of other housing-related data this week. The gains were supported by Apple’s hefty dividend announcement and $10 billion share buy-back program over the next three years. Tech stocks advanced the most though some of the heavyweights retreated. US 10-year notes tanked for the ninth …
ETF/No Load Fund Tracker Newsletter For Friday, March 16, 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-03152012/ ———————————————————— Market Commentary Friday, March 16, 2012 EQUITY ETFS GAIN SHARPLY BUT END WEEK MIXED; GAZ STILL BURNING BRIGHT, VNM SINKS US stocks ended mixed Friday, restricting weekly gains as inflation climbed unexpectedly in March, and a slew of options contracts expired on the …
Major Market ETFs Gain On Strong Economic Data; GAZ Gains, SCIF Tanks
[Chart courtesy of MarketWatch.com] Major Market ETFs advanced on Thursday, pushing the S&P 500 index past the 1,400 level for the first time since June 2008, as better-than-expected economic data reinforced the recovery theory. Latest data showed jobless claims dropping to their lowest level in four years, manufacturing activity picking up and headline inflation being put under control. Treasuries ended …