Major Market ETFs Continue In Rally Mode, Advance For The Second Day; XLK Pops, VXX Tanks

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[Chart courtesy of MarketWatch.com] Major Market ETFs gained for the second straight day Wednesday as investors offered muted reactions to the news that the Fed is keeping its interest rate target unchanged and cheered strong Q1 performance from big US companies including Apple and Boeing. Following Wednesday’s Federal Open Market Committee meeting in Washington, Chairman Ben Bernanke dropped enough hints …

Looking For ETF Investment Opportunities As The Markets Experience A Pull-Back?

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The stock markets have done remarkably well thus far this year with the S&P 500 index posting its best quarter since 1998, soaring more than 12 percent in the past three month, which can certainly be called an aberration supported by excess liquidity and artificially low interest rates. The markets, however, witnessed a pull back this week, triggered by the …