[Chart courtesy of MarketWatch.com] US stocks advanced for the second straight day Thursday as Apple Inc bounced back from its biggest drop in nearly four years and technology stocks showed strength. But the gains were capped as investors avoided making big bets as long as a budget deal remained elusive in Washington. The indexes continued in roller coaster mode pushed …
Uncertainty Reigns As Apple Weighs On NASDAQ; Europe Rises As Nokia Rallies
[Chart courtesy of MarketWatch.com] US equities ended mostly higher Wednesday as Wall Street applauded comments from President Obama on the fiscal cliff, and investors lapped up upbeat corporate news, but Apple Inc dragged down the NASDAQ Composite. On the economic front, the Institute for Supply Management reported a slightly faster pace of growth for the US services sector in November, …
US Indexes Ease As Fiscal Cliff Wrangling Continues; Europe Wobbles On Uncertainties
[Chart courtesy of MarketWatch.com] US stocks turned lower, sending the major equity averages down for a second straight day, as Democrats stuck to their guns on raising taxes for the richest Americans and eurozone differences continued to fester over a new banking regulator in the single currency bloc. In the latest round of US budget negotiations, the White House rejected …
More Fiscal Cliff Rhetoric With No Tangible Results; Weak Data Pulls Down Indexes
[Chart courtesy of MarketWatch.com] US equities finished lower as politicians in Washington restarted the rhetoric on how to manage the nation’s fiscal policy, and a measure of factory output showed unexpected contraction in November. The Institute for Supply Management’s index of manufacturing activity dropped to 49.5 in November from 51.7 a month earlier, signaling contraction for the first time since …
Equities Slip As Budget Worries Overshadow Alleged Greece Deal; Europe Rises
[Chart courtesy of MarketWatch.com] Equity ETFs edged lower as rhetoric over progress on budget negotiations by Senate Majority Leader Harry Reid triggered a late sell off that eclipsed better than expected Economic data and an alleged European deal on Greece aid. Investors mostly shrugged off strong reports on the US economy and positive developments in Europe. The S&P/Case-Shiller 20 city …
ETF/No Load Fund Tracker Newsletter For Friday, November 23, 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-11212012/ ———————————————————— Market Commentary Friday, November 23, 2012 US STOCKS REBOUND ON STRONG DATA; TREASURIES FALL AS GREECE DEBT-SWAP ADVANCES US stocks surged more than 1 percent Friday to log their biggest weekly rally since June after President Obama expressed confidence on a budget deal …