Tag Archives: XHB

Positive Signs From The Fed Power Market Rally

[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks surged Wednesday, lifting the Dow Jones industrial average nearly 300 points, after the Fed decided it was time to start modestly scaling back its program designed to boost America’s growth along … Continue reading

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Bulls Dismiss Negativities And Volatilities

[Chart courtesy of MarketWatch.com] Stocks opened a new trading week with gains Monday in a choppy session, despite dismal data which supported views the Federal Reserve will keep economic stimulus in place. The Dow Jones Industrial Average rose 138 points … Continue reading

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Equities Rally On Economic Data; Europe Rises On Retailer Boost

[Chart courtesy of MarketWatch.com] US equities advanced today, sending the S&P 500 to its highest level since December 2007 as better-than-forecast housing data and initial jobless claims offset mixed corporate results. The boost came after the Commerce Department reported a … Continue reading

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Fiscal Cliff Hope Fest Pushes Indexes Higher, But On Very Low Volume; Europe Surges

[Chart courtesy of MarketWatch.com] US stocks surged Monday to log their biggest single-session gain in months on positive housing data and increasing investor confidence that a budget deal would be reached in Washington. Mind you that a deal is pure … Continue reading

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Equities Eke Out Gain As Housing Offsets Earnings Lag; Europe Up As Spain Retains Rating

[Chart courtesy of MarketWatch.com] US equities managed modest gains Wednesday after a four-year high new-home construction data offset disappointing earnings results from technology bellwethers like IBM and Intel. It’s simply amazing to me that good data points (housing starts being … Continue reading

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Equities Slump After Phil Fed Talk; Europe Rises On US Data

[Chart courtesy of MarketWatch.com] US stocks gave up early gains Tuesday to hit a two-week low despite positive reports on US housing and consumer confidence after Philadelphia Fed President Charles Plosser said the central bank’s latest debt purchase program is … Continue reading

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