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    Monday ETF Roundup: AMJ Bounces Higher, VXX Sinks Lower

    Mon, 03/19/2012 - 18:54 EDT - Seeking Alpha
    • AMJ
    • Stoyan Bojinov
    • VXX

    By Stoyan Bojinov:Stock markets got off to a bullish start as euphoria from last week spilled over while investors also cheered on Apple’s (AAPL) dividend announcement. After months of rumors and speculation, the Apple dividend is finally here. The tech giant announced on Monday morning it would start paying a quarterly distribution, yielding roughly 1.8% as of today’s price at $600 a share. Domestic equity indexes were quite muted in early morning trading, although bullish pressures built up throughout the day, bolstering benchmarks broadly higher into green territory.
    Gains in shares of Apple added fuel to the tech sector rally on the home front. The Nasdaq led the way higher on Wall Street, gaining 0.76% on the day, while the Dow Jones Industrial Average lagged behind, gaining 0.05%. Investors reacted positively to the latest home builders index release despite the slightly worse-than-expected results. The figure came in unchanged at 28, versus analystComplete Story »

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    Related

    • Monday ETF Roundup: EWZ Jumps With Risk Appetite, VXX Drops On Greek Deal

      By Stoyan Bojinov:Equity markets started off the week on a positive note as investors were more than joyful to see Greek leaders accept the proposed austerity measures. Euphoria quickly spread from European markets onto Wall Street as news of the bailout helped to restore confidence in the debt burdened currency bloc, as well as the global economic recovery.

    • Daily ETF Roundup: XHB Rises With ISM Data, VXX Sinks Lower

      By Stoyan Bojinov:Equity benchmarks finally snapped their losing streak as investors rejoiced over better-than-expected economic data on the home front. The Nasdaq led the way higher for a second day in a row this week, gaining 0.66% as the session drew to a close, while the Dow Jones Industrial Average lagged behind, inching higher by 0.22% on the day.

    • Thursday ETF Roundup: GDX Pops, VXX Drops

      By Stoyan Bojinov:Equity markets soared into green territory as investors rejoiced over encouraging economic data on Wall Street, while developments in the Euro zone also helped to ease lingering uncertainties stemming from Greece. On the home front, the Nasdaq led the way higher, gaining an impressive 1.51% on the day, while the Dow Jones Industrial Average lagged behind, inching higher by o.96%.

    • Tuesday ETF Roundup: VGK Soars As Berlusconi Resigns, VXX Tumbles

      By Michael Johnston: By Stoyan Bojinov

    • Wednesday ETF Roundup: GDX Rises With Gold, VXX Creeps Lower

      By Stoyan Bojinov:Equity markets took investors for a roller-coaster ride Wednesday as selling pressures in the morning were eventually overturned by bullish fever in the afternoon. On Wall Street, the Nasdaq charged ahead, gaining 0.39% on the day, while the Dow Jones Industrial Average just barely missed the green, settling 0.05% lower as the trading session drew to a close.

    • Tuesday ETF Roundup: DBB Soars On Alcoa Earnings, VXX Sinks As Confidence Improves

      By Stoyan Bojinov:Earnings season is officially underway and U.S. stocks have started off the ceremonies on a fairly strong note. Equity indexes broadly climbed higher as investors rejoiced over better-than-expected earnings results from Alcoa (AA). The Nasdaq led the way higher on the home front, clinching gains of 0.97%, while the Dow Jones Industrial Average lagged behind, gaining 0.56% on the day.

    • Wednesday ETF Roundup: UNG Jumps On Economic Hopes, VXX Sinks As Retailers Rise

      By Stoyan Bojinov:Equity markets endured a rocky day of trading as mixed economic data paved the way for profit-taking and relatively light-volume price action. The Dow Jones Industrial Average proved most resilient, gaining 0.17% on the day, while the Nasdaq lagged behind, slipping into negative territory and closing down 0.01%.

    • Tuesday ETF Roundup: GDX Soars On Gold's Strength, VXX Plunges As Bulls Return

      By Stoyan Bojinov:Equity markets started off the New Year in bright green territory as indexes across the board soared higher, bolstered by returning bulls from holiday break. The Nasdaq led the way higher, clinching gains of 1.67% on the day, while the Dow Jones Industrial Average lagged behind, gaining 1.47%. Basic materials stocks surged ahead alongside financials on Wall Street, while gains in the utilities sector were few and sparse as investors saw their appetite for risk increase.

    • Tuesday ETF Roundup: XLK Leads The Rebound, VXX Sinks Lower

      By Stoyan Bojinov:Equity markets staged a ferocious rebound today following Monday’s dismal sell-off. Investors brushed aside worse-than-expected economic data on the home front, instead focusing on upbeat commentary from the International Monetary Fund (IMF) as well as a successful Spanish bond auction overseas. On Wall Street, the Nasdaq charged ahead, clinching gains of 1.82% on the day, while the Dow Jones Industrial Average just barely lagged behind, gaining 1.50% as the trading session drew to a close.

    • Thursday ETF Roundup: VGK Pops On Greek Deal, VXX Slips Lower

      By Stoyan Bojinov:Euphoria returned to Wall Street once again as encouraging developments from the overseas currency bloc gave the bulls a reason to stampede. Investors cheered on the debt swap in Europe as Greek bondholders pushed forward with the proposed bailout helping to ease many of the looming uncertainties.

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