[Chart courtesy of MarketWatch.com] Despite a strong spate of earnings and merger news, U.S. equities gave back a large portion of yesterday’s gains. Stocks backed off today as high-yielding dividend stocks lost some of their luster after recent increases in U.S. Treasury bond yields. Equities slipped out of the gate as sellers drove the major averages to their lows 90 …
Bulls Climb Higher In Full Throttle
[Chart courtesy of MarketWatch.com] Following a long holiday weekend, the U.S. Index ETFs rallied on Tuesday to push the stock market to record highs this year. After last week’s pullback, dipbuyers came back to life for the trading session in the wake of stronger-than-expected readings on housing prices and consumer sentiment. Stocks trimmed a considerable portion off their highs but …
ETF/No Load Fund Tracker Newsletter For Friday, May 24, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/05/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-05232013/ ———————————————————— Market Commentary Friday, May 24, 2013 BEARS PASS BULLS HEADING INTO THE WEEKEND A quiet, low-volume session Friday drifted to a mixed close with the three major stock indexes posting their first negative week since mid-April on lingering concern that the central bank …
Stimulus Speculation Leads Equities Lower—Nikkei Does A Swan Dive
[Chart courtesy of MarketWatch.com] U.S. equities fought off early pressure but retreated at the end, giving benchmark indexes their first back-to-back drops in one month. The exacerbated concerns over the possible scaling back of asset purchases by the Federal Reserve along with disappointing Chinese manufacturing data were just too much to overcome. The Dow Jones Industrial Average lost 12 points …
Did The Fed Just Kick-Off The Pullback?
[Chart courtesy of MarketWatch.com] US equity markets staged a harsh downside reversal Wednesday and closed the trading day lower in the wake of the remarks from Fed Chairman Ben Bernanke and minutes from the recent policymakers meeting that sparked fears of less easing in the near future. The Dow Jones Industrial Average lost 80 points (0.5%) to 15,307, the S&P …
Stocks Defend Gains Ahead Of Fed’s Outlook
[Chart courtesy of MarketWatch.com] Another record day as the Dow and the S&P 500 closed at new all-time highs. Markets got a leg up due to stronger-than-expected earnings and guidance from Dow member Home Depot, and further amplified by comments from two Federal Reserve officials that suggested that the Central Bank hasn’t yet set a course to taper its bond-buying …