Tag Archives: USO

Up, Up And Away; Dow Hits 2007 High; Europe Touches 23-Month High

[Chart courtesy of MarketWatch.com] Equity ETFs mostly advanced today with the Dow Jones Industrial Average hitting a five-year high after data released showed continued improvement in housing and companies including Pfizer and Valero Energy reported earnings that beat estimates. The … Continue reading

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Fiscal Cliff Regression As Negotiations Stall; Europe Rises On German Data

[Chart courtesy of MarketWatch.com] Stocks turned lower after a two-day rally, pulling the S&P 500 down from a two-month high, as negotiations to avert deep spending cuts and tax hikes hit a rocky patch, fuelling concerns the economy may go … Continue reading

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Apple Rebound Boosts US Stocks Amid Cliff Negotiations; Europe Gains On German Factory Orders

[Chart courtesy of MarketWatch.com] US stocks advanced for the second straight day Thursday as Apple Inc bounced back from its biggest drop in nearly four years and technology stocks showed strength. But the gains were capped as investors avoided making … Continue reading

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US Rally Fizzles As HP Plunge Offset Housing Gains; Europe Buoyed By Mideast Hope

[Chart courtesy of MarketWatch.com] Capping a choppy trading session, US stocks finished little changed Tuesday after an early rally triggered by an increase in housing starts in October was offset by a sharp sell-off in Hewlett-Packard shares. The looming budget … Continue reading

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Equities Get Bruised Again; Middle East Weighs; Europe Sinks

[Chart courtesy of MarketWatch.com] Equities finished sharply lower Wednesday to extend losses into the third straight session this week, as major averages fell to multi-month lows over concerns about the upcoming budget debate. Markets turned jittery on news of conflict … Continue reading

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Major Market ETFs Caught In Downward Spiral; TTIs Remain Above Their Trend Lines; Europe Heads South On German Worry

US stocks slumped Wednesday after a sell-off on Wall Street gained momentum as investors focused on the looming fiscal cliff and Europe’s debt crisis. The Dow Industrials logged its worst daily decline since November 2011 following President Barack Obama’s re-election … Continue reading

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