[Chart courtesy of MarketWatch.com] US stocks rallied Tuesday, adding more than one percent for the day on hopes of extension of the Operation Twist as the US central bank’s two-day long FOMC meeting started today. Resilient housing data for May boosted sentiments further, pushing US indexes to a five-week high. Treasuries declined after three continuous gain-days amid growing chatters that …
US Equities End Mixed As Spain Takes Center Stage; GAZ Rises, EWP Sinks
US equities finished mixed Monday with the Dow Industrials wavering as relief over the win of pro-bailout parties in Greece, which diminishes an imminent exit for Athens greatly, proved short lived. Spanish 10-year borrowing costs hit a euro-era high, breaching the seven percent level that ultimately forced the Dow lower for the day. Amid speculations that the Federal Reserve will …
ETF/No Load Fund Tracker Newsletter For Friday, June 15, 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-06142012/ ———————————————————— Market Commentary Friday, June 15, 2012 STOCKS RISE ON FED STIMULUS HOPES; RWG POPS, CVOL SINKS US stocks finished higher Friday, capping two consecutive weekly gains for the first time since April on further stimulus hopes from the Federal Reserve and central banks …
Major Market ETFs Jump On Stimulus Rumors; UNG Burns Bright, VIXY Sinks
[Chart courtesy of MarketWatch.com] US stocks jumped more than one percent Thursday as reports in the media suggested central banks from major economies across the world stand ready to take coordinated steps to stabilize markets if Greece elections over the weekend cause market turbulence. The market was a rumor mill all day long, but the abovewas the mother of wishful …
Greece Election On Sunday Hangs Heavy Over Stock Markets; FAA Flies, EU Tanks
[Chart courtesy of MarketWatch.com] US stocks declined Wednesday as investors remained worried over Sunday’s Greek elections. The situation was compounded further after ratings agency Egan-Jones cut Spain’s government debt to junk Wednesday. Treasuries advanced to erase yesterday’s gain in yields as markets turned jittery after reports showed a decline in US retail sales in May, spiking demand for safe-haven assets. …
Equities Rise On Fed Stimulus Hopes; TAN Soars, VXX Drops
[Chart courtesy of MarketWatch.com] Domestic equities surged more than one percent Tuesday, wiping off losses suffered Monday, as investors took a cue from Europe’s peripheral markets after Spanish bonds came off Euro-era record highs on speculation the Federal Reserve and other central banks will restart asset purchase programs. Sure, we’ve heard that one before resulting in very short-term effects. Treasuries …