[Chart courtesy of MarketWatch.com] US stock indexes extended losing their streak Thursday, dropping to their lowest levels since 2010 with the blue-chip Dow halting its winning streak in May. Investor sentiment sank following a report from payroll-services firm ADP that showed US companies added fewer jobs in May than the forecasted 157,000. At 133,000, unemployment rate is expected to remain …
ETF/No Load Fund Tracker Newsletter For Friday, April 13, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/04/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-04122012/ ———————————————————— Market Commentary Friday, April 13, 2012 US Stocks Fall On China Slowdown And Europe Worries; GAZ Rises, EWI Sinks Following a two-day rally, US stocks retreated Friday with the broad market indices posting their biggest loss this year on European debt-crisis rumors and …
Equity ETFs Reverse Losing Streak After Five Days; TAN Shines, VXX Sinks
[Chart courtesy of MarketWatch.com] Equity ETFs rebounded Thursday following a streak of five down days that had wiped out more than 3 percent of the major indices, as concerns over Spain eased and hopes for better-than-expected profits rose ahead of the earnings season following Alcoa’s surprise profit surge. US Treasuries retreated after six sessions of gains amid rumors that Madrid …
US Stocks Slip For Fifth Day; VXX Surges, GAZ Tanks
[Chart courtesy of MarketWatch.com] US stocks closed sharply down Tuesday, extending losses for the fifth session as fear trade gathered steam over Eurozone’s financial health. All the three major stock indices tumbled more than 1.5 percent after the spread between Spanish and German bond yields surged in European trade, bringing back memories of the Greek crisis just before the beginning …
US Equity ETFs Suffer Delayed Fall On Weak Jobs Data; VXX Rises For The Fifth Day While GAZ Slips
[Chart courtesy of MarketWatch.com] Following the government’s nonfarm payrolls report on Friday that showed companies added fewer jobs than forecast, US stocks suffered their biggest loss in over a month on Monday, reacting on the first trading day since the report was published last week. Analysts however, attributed Monday’s pull-back to profit booking by investors, pointing out average monthly job-addition …
Equity ETFs Retreat Over Europe Worries; VXX Jumps, GDXJ Lags
[Chart courtesy of MarketWatch.com] US stocks slipped to their lowest level in nearly a month Wednesday following a weak Spanish bond auctions report that revived the specter of the Greek debt crisis being repeated. Markets were also spooked as investors remained worried about how markets would react without further monetary stimulus from the Federal Reserve, as the bunch bowl got …