After taking a beating last week, equity markets appear to be holding at key technical support levels at the start of this week. More specifically, watch for the S&P 500 Index as it fluctuates around the 1,300 mark; a break below this level could accelerate selling pressures and sink the benchmark to to anywhere from 1,275 to 1,250. The coming week has a number of important economic data reports on the home front that can potentially inspire a bull stampede, although Euro zone headlines can certainly take precedence without notice [see also 3 ETF Trading Tips You Are Missing].
Equity markets were rattled back-and-forth as Euro zone debt drama swept over Wall Street for another week. Volatility levels climbed higher across asset classes as profit taking pressures and bargain buying created a trading frenzy, although major stock indexes did end the week lower in red territory. Investors got no relief on the home front as the latest Fed [...]
Stock markets headed south last week as uncertainty over the political situation in Greece led many investors to question the health of the fragile currency bloc as a whole. Amidst the flurry of volatile trading on Wall Street, profit taking pressures also spread to commodities; futures prices for gold and oil both traded lower, settling [...]
Equity markets took a nosedive last week as resurfacing Euro zone debt woes welcomed back the bears on Wall Street. Political turbulence in Greece has sparked a wave of worry, with many fearing that the nation will have to face default unless the opposing parties agree to implement the proposed austerity measures. On the home [...]
Mixed economic releases coupled with concerning nonfarm payrolls data left many scrambling to take profits, sending major indexes into red territory for the week. With earnings season in the books, investors will once again focus their attention on fundamental data releases along with headlines from the Euro zone. The week ahead looks to be clouded with uncertainty as parliamentary elections across the [...]
Equity markets turned south this past week as sour economic data deteriorated investors’ confidence, dragging down major indexes into red territory. Volatility was quick to return as mixed economic reports paved the way for profit taking on Wall Street. On the bright side, manufacturing and weekly jobless claims both came in better-than-expected; nonetheless, investors focused [...]
The May 2012 issue of ETF Edge, the premium monthly ETF Newsletter, is now available to ETFdb Pro subscribers. This month’s issue includes a look back at a choppy month for markets, highlighting some noteworthy developments and pointing out apparent opportunities in the current economic environment. Also included with the ETFdb Pro subscription is access to [...]
U.S. stocks staged an impressive recovery last week as major indexes held above key technical resistance levels, 1,360 for the S&P 500 Index, bolstered by upbeat earnings results. Investors also reacted positively following the latest FOMC announcement which reaffirmed the Fed’s commitment to keeping interest rates low until late 2014. Confidence in the domestic recovery is growing judging from the [...]
Equity markets broadly climbed higher throughout the week as investors digested upbeat earnings results from a number of industry giants including Amazon and Apple, both of which bolstered confidence in the technology sector. Surprisingly, investors brushed aside a number of less-than-stellar economic reports; durable goods orders data came in negative and U.S. GDP came in at 2.2% [...]
Investors got an unfriendly reminder of the looming Euro zone debt woes last week as resurfacing fears surrounding rising yields on Spanish government bonds paved the way for profit taking across the board. Earnings season at home remains a “mixed bag” judging by Wall Street’s movement last week, although surprises have been predominantly upbeat. As [...]
The Pure Value ETFdb Portfolio is now available to ETFdb Pro members with a free 7-day trial of the Pro subscription. This new portfolio, one of more than 40 all-ETF model portfolios available at ETFdb.com, is designed for investors who wish to achieve capital appreciation in their portfolios through diversified exposure across both domestic and foreign stocks and bonds. [...]
