The major index ETFs erased gains today as optimism over Federal Reserve plans to expand its balance sheet faded after Chairman Ben Bernanke warned the central bank doesn’t have the tools to shield the economy from the looming fiscal cliff. Stocks rallied to session highs after the central bank said it would add $45 billion a month of Treasury securities starting January …
US Stocks Crawl Higher On Budget Hopes, Fed Stimulus; Europe Rises On German Confidence
[Chart courtesy of MarketWatch.com] US stocks finished higher with the Dow Industrials erasing losses since the Election Day and the S&P 500 rising for the fifth straight day as optimism grew that the Federal Reserve will announce more stimulus when wrapping up its final meeting of the year tomorrow and awaited progress on federal budget negotiations in Washington hopefully comes …
Indexes Rise On Budget Hopes, China; Europe Tracks Higher; Stunning Video Demonstrates US Debt
[Chart courtesy of MarketWatch.com] The major market indexes finished modestly higher with the S&P 500 index extending tiny gains into the fourth straight session, it’s longest since August after economic data in China beat estimates, overshadowing political uncertainties in Europe and the continued stalemate over budget negotiations in Washington. Europe was back in the spotlight after Italian Prime Minister Mario …
New ETFs On The Block: Powershares S&P 500 Downside Hedged Portfolio ETF (PHDG)
Invesco PowerShares, the fourth largest US ETF issuer and a leading global provider of exchange traded funds, has announced plans to launch an actively managed fund, the PowerShares S&P 500 Downside Hedged Portfolio ETF (PHDG) this week. The fund seeks to mitigate risk and volatility and provides investors broad US equity market exposure that hedges downside risk with cash …
ETF/No Load Fund Tracker Newsletter For Friday, December 7, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/12/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-12062012/ ———————————————————— Market Commentary Friday, December 7, 2012 EQUITIES RISE SLIGHTLY ON JOBS REPORT WHILE APPLE WEIGHS ON NASDAQ; EUROPE BOUNCES BACK US stocks inched up today as optimism over better-than-expected November jobs data offset a drop in December consumer sentiment amid continuing budget negotiations …
Apple Rebound Boosts US Stocks Amid Cliff Negotiations; Europe Gains On German Factory Orders
[Chart courtesy of MarketWatch.com] US stocks advanced for the second straight day Thursday as Apple Inc bounced back from its biggest drop in nearly four years and technology stocks showed strength. But the gains were capped as investors avoided making big bets as long as a budget deal remained elusive in Washington. The indexes continued in roller coaster mode pushed …