[Chart courtesy of MarketWatch.com] The major index ETFs advanced Monday, shedding early losses as investors grew optimistic first quarter earnings would help equities rebound from their biggest weekly decline of the year. The gains were modest as buyers came in because they needed/wanted additional exposure in equities. Federal reserve Chairman Ben Bernanke is scheduled to address a conference in Atlanta …
ETF/No Load Fund Tracker Newsletter For Friday, April 5, 2013
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2013/04/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-04042013/ ———————————————————— Market Commentary Friday, April 5, 2013 SUBPAR JOBS REPORT PUNISHES US INDEXES; EUROPEAN STOCKS TRACK LOWER US index ETFs slumped Friday, capping the biggest weekly decline for the S&P 500 Index, after a government report showed less than half of estimated Americans found …
DIA And SPY Close At Record Highs Amid Factory Orders, Cyprus Deal; Europe Rallies
[Chart courtesy of MarketWatch.com] US stock index ETFs closed higher on Tuesday, with the Dow industrials and S&P 500 finishing at record closing highs as US factory orders topped estimates and health insurers rallied after winning an increase in a key Medicare payment rate. Factory orders rose by three percent in February, boosted by demands for commercial aircraft and automobiles. …
Stocks Close Mostly Lower, But Dow Hits Record; European Stocks End Flat
[Chart courtesy of MarketWatch.com] US stocks closed mostly lower Tuesday as the S&P 500 snapped a seven day winning spree, but the blue-chip Dow Industrials staged a late-session turnaround to finish at a record high for the sixth straight day. Meanwhile, amid the continuing saga of Washington’s budget wars, House Republicans introduced a plan to cut the deficit to $528 …
Heading Into Bubble Territory; Dow Hits Record High After Services Index Rise; Europe Rallies
[Chart courtesy of MarketWatch.com] The Dow Jones Industrial Average jumped to a new high Tuesday, trimming losses from the financial crisis after a four-year rally, fueled by monetary stimulus from the Federal Reserve and alleged indications of an improving economy. Equities extended their gains after the Institute for Supply Management’s index for non-manufacturing activity rose to 56 percent from 55.2 …
Indexes Retreat As Senate Rejects Sequestration Plan; Europe Rises On Draghi, Bernanke
[Chart courtesy of MarketWatch.com] US indexes did an about face and retreated in the final minutes of trading erasing earlier gains after a Senate vote kept $85 billion of automatic spending cuts in place starting at midnight, and data on growth and employment gave out mixed signals about the economy’s health. Gains in the US equity averages fizzled out after …