[Chart courtesy of MarketWatch.com] Equities finished sharply lower Wednesday to extend losses into the third straight session this week, as major averages fell to multi-month lows over concerns about the upcoming budget debate. Markets turned jittery on news of conflict between Israel and Palestine, wiping out an early tech-driven rally. Stocks were on the decline after Egypt recalled its ambassador …
Major Indexes Fall As Budget Debate Weighs; Europe Rises
[Chart courtesy of MarketWatch.com] US major indexes finished lower Tuesday after rallying early on as optimism over home improvement retailer Home Depot’s strong results were offset by fiscal cliff worries. Investors chose to stick to the sidelines, unsure if lawmakers could cut a deal that would stop the onset of sharp spending cuts and tax hikes in January. Giving up …
Equities Flat Ahead Of Budget Talks; Europe Slips Over Greece Uncertainty
[Chart courtesy of MarketWatch.com] US equities finished mostly flat with investors sticking to the sidelines before talks to head off tax hikes and automatic spending cuts that would begin in January as uncertainty over Greece and Europe still loomed on the horizon. Chinese exports grew the fastest in five months, topping estimates at over 11 percent, a report over the …
ETF/No Load Fund Tracker Newsletter For Friday, November 9, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/11/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-11082012/ ———————————————————— Market Commentary Friday, November 9, 2012 MAJOR INDEXES SNAP LOSING STREAK BUT SUFFER THEIR WORST LOSS IN 5 MONTHS; EUROPE SLIPS ON GREECE WORRIES US equities eked out modest gains Friday spurred by a strong read on American consumer confidence, but all the …
More Downside Pain: A Swan Dive Into The Close; TTI’s Still Hang On To The Bullish Side Of The Trend Line—So Far
[Chart courtesy of MarketWatch.com] The equity markets picked up where they left off yesterday and continued with their best imitation of a black diamond ski slope as the major averages got crushed for the second day in a row. Many traders had expected some kind of a rebound after Wednesday’s thrashing but, other than a quick peek higher after the …
Major Market ETFs Caught In Downward Spiral; TTIs Remain Above Their Trend Lines; Europe Heads South On German Worry
US stocks slumped Wednesday after a sell-off on Wall Street gained momentum as investors focused on the looming fiscal cliff and Europe’s debt crisis. The Dow Industrials logged its worst daily decline since November 2011 following President Barack Obama’s re-election Tuesday night. Risk sentiment soured after violent protests broke out in Greece as the country’s parliament got ready to vote …