[Chart courtesy of MarketWatch.com] Supported by technology sector, the Dow (DJIA) logged in its sixth day of gains as US stocks ended mixed Wednesday. The S&P 500 however, closed lower after a day of big advances as investors remained edgy following Tuesday’s stress-test results of US banks. The Dow Jones Industrial Average climbed 0.1 percent to end at 13,194.10. The …
Major Market ETFs Rally On Better Retail Sales Data; URA Rises, VXX Sinks
[Chart courtesy of MarketWatch.com] US stocks rallied late Tuesday with the NASDAQ Composite Index topping the 3,000 level for the first time since Nov. 15, 2000, ahead of an earlier-than-due release of Federal stress-test results of the nation’s biggest banks. JP Morgan Chase’s announcement of higher dividends, better retail sales number in February, and the Fed’s decision to continue with …
Equity ETFs Remain Range-Bound As Investors Remains Skeptical; CORN Grows, KWT Flickers
[Chart courtesy of MarketWatch.com] Equity ETFs remained range-bound with blue-chips advancing for the fourth day Monday, ahead of the Federal Reserve’s monetary policy meeting and a raft of economic data releases this week, which are expected to support the case for a rate hike and undermine the requirement for another round of assets purchase by the Fed. The Dow Jones …
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 …
Strong Jobs Data Pushes Equity ETFs Up, ITB Bounces Back, VIX Tanks
[Chart courtesy of MarketWatch.com] Equity ETFs made a strong comeback Thursday, recouping nearly half of previous day’s losses after latest job market data showed recovery is truly gaining traction. Sentiments improved further as news of a possible Greek PSI settlement by Thursday-deadline emerged. Also the Fed devising a new method to keep interest rates low aimed at boosting investments helped …