From the category archives:

Daily ETF Roundup

U.S. equities took a step back from the recent euphoric highs for a slow day on the market following less than amazing earnings reports and economic data. Friday’s weaker than expected jobs data took it’s toll on investor stamina and have lead to heightened hopes that the Federal Reserve may reconsider withdrawing stimulus this fall. With earnings season drawing to a close, the remaining companies left to report will have to pull in some earth shaking results to drag investors out of their current underwhelmed attitude  [see also The Complete Visual History Of SPY].

[click to continue…]

{ Comments on this entry are closed }

U.S. equities finished the session narrowly mixed, closing out the rather lackluster month of July. At today’s highly anticipated Fed policy statement, the central bank said it will continue to purchase $85 billion in mortgage and Treasury securities per month. The Fed indicated that modest growth rates, higher mortgage rates and low inflation were the primary factors behind their decision to keep its easy-money policies. In other economic news, the U.S. economic growth rate unexpectedly accelerated in the second quarter with GDP growing at a 1.7% annual rate. In a separate report, private employers added 200,000 jobs in July, beating economists’ expectations [see also The Complete Visual History Of SPY].

[click to continue…]

{ Comments on this entry are closed }

Most U.S. equities ended narrowly mixed today, though technology stocks charged higher, as investors digested a mixed bag of earnings and economic reports. The Conference Board reported its consumer-confidence index falling to 80.3 in July, slightly below analyst expectations of 81.5. Meanwhile, the S&P/Case-Shiller 20-City home-price index rose 12.2% in May on the year versus […]

{ Comments on this entry are closed }

Wall Street started off the week on a sour note as investors remained cautious ahead of a slew of economic news slated for this week, most notably the Federal Reserve’s policy-setting committee statement on Wednesday as well as Friday’s monthly jobs report. In corporate news, biotech company Elan announced it that it will be acquired […]

{ Comments on this entry are closed }

A week of mixed earnings and economic reports had U.S. equities ending flat for the week, though stocks managed to eke out small gains during today’s session. In corporate news, Expedia (EXPE) missed earnings and revenue forecasts, while Zynga (ZNGA) posted a bigger-than-expected third quarter loss. Online retail giant Amazon (AMZN) missed the mark, while […]

{ Comments on this entry are closed }

It was another choppy session on Wall Street today as investors digested yet another slew of mixed earnings reports. Conglomerate 3M (MMM) reported earnings that were in line with expectations, though the company posted a decline in sales of materials used in electronics and solar energy. Auto-maker General Motors (GM) beat the Street’s expectations, though […]

{ Comments on this entry are closed }

The summer slump continued on Wall Street, as investors weighed a slew of mixed earnings reports against strong housing data. New home sales for June were reported to have risen 8.3% to a seasonally adjusted annualized rate of 497,000; analysts were expecting a rate of 485,000. In earnings news, tech giant Apple (AAPL) easily beat […]

{ Comments on this entry are closed }

U.S. equities finished narrowly mixed in today’s lackluster trading session, following a slew of earnings reports and an underwhelming  manufacturing report. According the the Federal Reserve Bank of Richmond, manufacturing activity in the central Atlantic region contracted in July, falling to -11 (an above zero reading indicates expansion). On the corporate front, Travelers (TRV) earnings […]

{ Comments on this entry are closed }

U.S. equities managed to eke out small gains today as investors digested a mixed bag of earnings reports and underwhelming housing data. On the corporate front, fast-food giant McDonald’s (MCD) reported earnings and revenues that disappointed Wall Street expectations. Toy-maker Hasbro (HAS) also reported lower-than expected earnings, while Haliburton (HAL) missed earnings forecasts but reported […]

{ Comments on this entry are closed }

U.S. equities ended essentially unchanged in Friday’s lackluster trading session, as investors weighed a batch of underwhelming tech earnings reports. Tech-giants Google (GOOG) and Microsoft (MSFT) posted dismal quarterly results after the closing bell on Thursday, with earnings and revenues coming in well bellow analyst expectations. General Electric (GE) and Honeywell (HON), however, managed to post encouraging […]

{ Comments on this entry are closed }

U.S. equities traded higher today, with the Dow Jones Industrial Average and S&P 500 logging in fresh highs, following a batch of better-than-expected economic reports and Bernanke’s second day of testimony. According to the Labor Department, initial claims for jobless benefits fell by 24,000 to a seasonally adjusted 334,000, the lowest level in four months. […]

{ Comments on this entry are closed }

After rallying throughout the earlier hours, U.S. equities drifted off session highs following Federal Reserve Chairman Ben Bernanke’s testimony for Congress. Bernanke emphasized, “our asset purchases depend on economic and financial developments, but they are by no means on a preset course”. The chairman also noted that while the bond buying program could be reduced […]

{ Comments on this entry are closed }