[Chart courtesy of MarketWatch.com] US equties mostly declined Monday after six straight up sessions as weak Japanese Q2 GDP reading weighed on investors despite a successful auction of Italian bonds that somewhat eased market concerns on Europe. Both the S&P 500 and the Dow Industrials ended the day modestly lower as investors rushed to take profits while the NASDAQ recovered …
ETF/No Load Fund Tracker Newsletter For Friday, August 10, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/08/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-08092012/ ———————————————————— Market Commentary Friday, August 10, 2012 CHINA EXPORT DATA SPOOK US, EUROPE EQUITIES; BUT THE RALLY GOES ON US stocks managed to cling to gains Friday finishing the week higher despite disappointing economic data from China that stoked fears of a global slowdown. …
Major Market ETFs End Near Flat On Lowest Volume In 5 Years As Investors Move To The Sidelines
[Chart courtesy of MarketWatch.com] US stocks changed little Thursday with the Dow Industrial slipping after four up sessions while the S&P 500 and the tech-heavy NASDAQ managing to extend their winning streak as US economic data surprisingly came in stronger than estimated. The US dollar gained further against the single-currency as hopes of ECB intervention to halt the decline of …
Markets Hit Pause Button As Equity Rally Fades; Investors Looking For Direction From The ECB
[Chart courtesy of MarketWatch.com] The US equity rally faded after three straight up days with Wall Street turning cautious even as the Dow industrials and S&P 500 managed to stay in the green while the NASDAQ slipped. European stocks ended marginally higher as Europe chose to ignore the region’s negative economic data and focus on the possibility of an early …
Equities Edge Higher On QE Addiction—What If The ECB Does Not Deliver?
[Chart courtesy of MarketWatch.com] US equities surged higher Tuesday, extending gains for the third straight day with the S&P 500 clipping the 1,400 mark and the NASDAQ sitting atop 3,000 for the first time in three months on hopes the European Central Bank will intervene soon to halt rising Spanish and Italian borrowing costs. Let me be clear again. Markets …
Major Indexes Extend Weekending Rally Even As Europe Dithers; TAN Shines, VIXY Fades
[Chart courtesy of MarketWatch.com] Major market indexes closed higher Monday extending Friday’s rally as investors remained positive over news of lower Spanish and Italian borrowing costs and a stronger-than-expected jobs report last Friday. The Dow Jones Industrial Average (DJIA) rose 21 points paring the day’s 91-point gain. Within the Dow, the breadth remained positive with 19 of the index’s 30 …