[Chart courtesy of MarketWatch.com] US indexes did an about face and retreated in the final minutes of trading erasing earlier gains after a Senate vote kept $85 billion of automatic spending cuts in place starting at midnight, and data on growth and employment gave out mixed signals about the economy’s health. Gains in the US equity averages fizzled out after …
Equities Rebound On Economic Data, Fed Speak; Europe Slides On Italian Deadlock
[Chart courtesy of MarketWatch.com] US stocks advanced Tuesday, recouping more than half of Monday’s biggest decline in the benchmark indices since November as Bernanke defended the Fed’s policy amid solid housing and consumer confidence data. The jury is still out whether that was just a low volume dead cat bounce, or the beginning of something more. Economic activity in the …
US Indexes Break Below Major Milestone Levels As Italy And Sequestration Hit
[Chart courtesy of MarketWatch.com] US stocks turned severely lower, with the Dow Industrials and the S&P 500 suffering their sharpest one-day decline of the year, giving benchmark indexes the biggest loss since November as political instability in Italy and looming spending cuts in the US hit investor sentiment. Stocks erased early gains as partial election results suggested Italy may be …
S&P 500 Fights To Stay Above 1,500; US And European Equities Continue Their Slide
[Chart courtesy of MarketWatch.com] US equities finished lower for a second straight day as a weak regional manufacturing report weighed on investor sentiment while concern mounted that the US Federal Reserve will scale back the pace of stimulus. The Federal Reserve Bank of Philadelphia’s index fell to minus 12.5 in February, the lowest since June, from minus 5.8 the month …
Stocks Hit A Slippery Slope After Fed Minutes
[Chart courtesy of MarketWatch.com] US stocks turned sharply lower Wednesday, falling from five-year highs after minutes from the Federal Reserve’s last meeting showed the central bank may scale back its bond buying program. In other words, the odds have increased that the spiked punch bowl will be watered down. The Fed’s Open Market Committee had said the central bank would continue buying …
ETF/No Load Fund Tracker Newsletter For Friday, February 15, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/02/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-02142013/ ———————————————————— Market Commentary Friday, February 15, 2013 US STOCKS SLIDE AS WAL-MART WEIGHS AMID ECONOMIC DATA; EUROPE FALLS AHEAD OF G20 MEETING US equities closed mostly lower Friday with the S&P 500 snapping three days of gains in choppy trading as positive economic data …