[Chart courtesy of MarketWatch.com] Equity ETFs extended losses Wednesday after US durable goods orders came in weaker than expected, fueling global growth worries. Commodities took a big hit with copper and oil roughly falling by 2 percent while gold lost more than a percent as investors dumped energy and materials related stocks. Treasuries tumbled for the second day as demand …
ETF/No Load Fund Tracker Newsletter For Friday, March 9, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/03/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-03082012/ ———————————————————— Market Commentary Friday, March 9, 2012 EQUITY ETFs PUSH HIGHER ON STRONG JOBS DATA; REMX UP AS MATERIALS GAIN, VXX TUMBLES U.S. stocks closed higher for the third straight session on Friday after a stronger-than-expected monthly jobs report confirmed a recovery that’s gaining …
Major Market ETFs Surge As Greece Inches Towards Debt-Swap; EWD Gains, GAZ Tanks
[Chart courtesy of MarketWatch.com] U.S. stocks surged on Thursday as the deadline for the history’s greatest sovereign debt-swap exercise, also crucial for Greece to secure the next-round of bailout money, passed. Thursday’s deal is the (alleged) final barrier to Athens’ securing the second round of bailout money from the International Monetary Fund and the European Union to avoid a messy …
U.S. Stocks Decline Despite Rising Service-Sector Index; GAZ Burns Bright, KWT Slumps
[Chart courtesy of MarketWatch.com] U.S. stocks ended lower Monday despite the service-sector gauge advancing in February. The Institute for Supply Management’s non-manufacturing index came in better-than-expected. However, its employment index dropped, while the inflation-measuring price index jumped in January. Not helping the markets were the Chinese lowest growth target in eight years for 2012 and a survey that showed a …
Uranium ETFs Hammered
In view of last week’s event in Japan, it’s only logical that “Uranium ETFs Slammed While Solar ETFs Rally in Wake of Japan Nuclear Blasts:” It should come as no surprise that Uranium stocks are down with the predictable anti-nuclear backlash coming worldwide in the wake of the events unfolding in Japan. One question is whether the market reaction is …
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