In case you missed it, here’s a summary of the ETF topics and market commentaries I posted to my blog during the week ending on 6/9/2013.
It was a roller coaster ride on Wall Street, as the bears took over for the first time in a while, but the bulls battled back and, in the end, all losses were recovered while the S&P 500 managed to eke out a gain of 0.7%.
It was one of those weeks that could have ended very badly with the Dow slipping below 15,000 and the S&P rapidly approaching the 1,600 level. Suddenly, the dip buying crowd appeared and, in anticipation of a better than expected employment report, the major indexes rallied sharply during the last hour on Thursday with momentum picking up Friday; so, we closed at the day’s highs.
Over past week, we covered the following: