In case you missed it, here’s a summary of the ETF topics and market reviews I posted to my blog during the week ending on 7/8/2012.
The S&P 500 ran out of stream last week after post EU summit euphoria waned while the horrific US jobs report pushed the index to a weekly loss.
The outcome could have been much worse last Friday, but whenever the markets show too much weakness, a well placed rumor can always save the day. This time, it came in form of renewed Q&E hopes that pulled the indexes up and avoided a close at the day’s lows.
Next week, we will be facing the start of the earnings season along with the usual attention grabbing headlines out of Europe about a new mysterious solution to solve all debt issues. It will be interesting to say the least.
This week, we covered the following: