[Chart courtesy of MarketWatch.com] US stocks closed with only small losses after speculations of a breakthrough in the ongoing EU summit in Brussels fueled a late-session recovery. The rumor over a possible progress in negotiations grew stronger after Bloomberg reported German Chancellor Angela Merkel has cancelled her scheduled press conference on Thursday night, raising hopes that European leaders will announce …
US Stocks Inch Up On Europe, Housing Data; DBA Pops, VIXY Slips
[Chart courtesy of MarketWatch.com] US stocks finished higher Tuesday as investors turned slightly bullish on signs of improvement in the housing market, although clouds continue to hang over the markets ahead of the EU summit meeting scheduled for Thursday and Friday this week. Treasuries retreated as risk sentiments improved over speculation that European leaders were progressing over resolving the ongoing …
Equities Slide Ahead Of Key Brussels Meeting; EGPT Soars, GREK Sinks
As investors became worried ahead of a key meeting this week in Brussels (rightfully so), and after reports of Greek Finance Minister resigning on health grounds just four days into his job hit the wires, US equities plummeted more than one percent Monday. Moods were soured further after Cyprus became the fifth nation in the single-currency union to seek money …
ETF/No Load Fund Tracker Newsletter For Friday, June 22, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/06/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-06212012/ ———————————————————— Market Commentary Friday, June 22, 2012 US EQUITIES REBOUND ON EUROPE HOPES; EWP FLIES, VIXY CRASHES US stocks clawed back Friday, recovering part of Thursday’s sharp losses after the European Central Bank said it will lower rating thresholds and amend eligibility criteria for …
Major Indexes Plunge On Bernake Fallout, Economy And Europe; GAZ Floats, GDXJ Crashes
[Chart courtesy of MarketWatch.com] The major index ETFs took the year’s second hardest knock Thursday losing more than two percent as investors ran for safe haven assets amid indications of a global slowdown, while rumors of an impending downgrade of 17 major US banks by Moody’s Analytics added to market concerns. Obviously, disappointment in what the markets perceived as a …
Equities Whip-saw And Edge Down As Fed Extends Operation Twist; EWP Rises, VIXY Sinks
[Chart courtesy of MarketWatch.com] Equities see-sawed and edged lower Wednesday as the Federal Reserve extended its much anticipated Operation Twist program but stopped short of initiating a more aggressive direct bonds purchase program, which was the exact possibility I discussed in last night’s post. As the chart above shows, the major indexes went on a wild ride, but held up …