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    Monday ETF Roundup: VGK Rises After Eurozone Elections, VXX Turns Lower

    Mon, 05/07/2012 - 19:11 EDT - Seeking Alpha
    • Stoyan Bojinov
    • VGK
    • VXX

    By Stoyan Bojinov:Equity markets opened just below Friday’s close on Monday morning as parliamentary elections in the debt burdened eurozone over the weekend rattled investors’ confidence. On the home front, major indexes oscillated between minor gains and losses for most of the session. The Nasdaq and S&P 500 proved most resilient, gaining 0.05% and 0.04% on the day respectively, while the Dow Jones Industrial Average fared a bit worse, finishing lower by 0.23% as the trading session drew to a close.
    Last Friday’s employment report put a real strain on investors’ confidence, although today’s better-than-expected consumer credit data surely helped restore some optimism. U.S. consumers increased debt in March by $21.3 billion, marking a much larger-than-anticipated expansion in the credit market given the previous month’s reading of $9.3 billion. Amidst the uneventful trading activity on Wall Street, the price of gold fluctuated throughout the session. Futures prices for the precious yellow metalComplete Story »

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    • 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.

    • Monday ETF Roundup: VXX Jumps With Uncertainty, VGK Drops On Greek Woes

      By Stoyan Bojinov:Equity markets got off to a choppy start as major indexes oscillated between minor gains and losses throughout the first trading day of the week. Investor sentiment turned for the worst on Monday as resurfacing Greek debt woes brought the limelight onto the debt burdened currency bloc once again. Stocks tipped to the downside as the U.S. dollar appreciated in the currency markets.

    • Tuesday ETF Roundup: GLD Bounces Back, VXX Sinks As Dust Settles

      By Stoyan Bojinov:Equity indexes were fairly flat on Tuesday, oscillating between small gains and losses throughout much of the day, with the bears coming out on top as the trading session drew to a close.

    • Tuesday ETF Roundup: VXX Pops Higher, GDX Drops As Stocks Retreat

      By Stoyan Bojinov:Domestic equities gave up gains from Monday’s steep rally today as disappointing economic data sparked concerns and profit taking pressures followed. Selling pressures accelerated toward the end of the trading session and major equity indexes finished the day in red territory. The Nasdaq proved most resilient, shedding 0.07% on the day, while the Dow Jones Industrial Average was hit the hardest, losing 0.33% on the day.

    • Wednesday ETF Roundup: VXX Jumps On Greek Concerns, GLD Creeps Lower

      By Stoyan Bojinov:Stock markets had a whirlwind of a day as indexes fluctuated between gains and losses amidst the looming Greek debt negotiations, ultimately closing in shallow green territory. On the home front, the Nasdaq charged ahead, gaining 0.41% on the day, while the Dow Jones Industrial Average just barely pulled off a win, settling 0.04% higher on the day.

    • 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.

    • Monday ETF Roundup: VXX Climbs On Uncertainty, FXI Gaps Lower

      By Stoyan Bojinov:After a bumpy session last week, stocks on Wall Street stumbled out of the gates on Monday morning as more of the same uncertainty weighted on investors’ confidence. Earnings reports at home remain a mixed bag, making way for looming eurozone debt woes, and ultimately paving the way for profit taking. On the home front, the Nasdaq led the way lower, shedding 1% on the day, while the Dow Jones Industrial Average proved most resilient, shedding just 0.78% on the day.

    • Monday's ETF Roundup: XHB Jumps On Data, UNG Turns Sour

      By Stoyan Bojinov:Despite better-than-expected economic data on the home front, equity indexes were mixed and investors on Wall Street were reluctant to jump aboard the Dow and help push it through the 13,000 mark. The S&P 500 led the way higher, gaining 0.14% on the day, while the “blue chip” benchmark finished the day off by 0.01%. Although stocks started off the session in a hole, major equity indexes pushed higher throughout the day, putting the pressure on gold prices.

    • Daily ETF Roundup: VXX Rises With Uncertainty, VGK Slips On Debt Drama

      By Stoyan Bojinov:Equity indexes broadly drifted lower throughout the day, although a last-hour rally on Wall Street helped many benchmarks to end the day in green territory. Investors expressed their concerns over lackluster retail sales data at home coupled with looming debt-deal drama in the currency bloc overseas.

    • Monday ETF Roundup: EWY Leads Sell Off, VXX Soars Thanks To Uncertainty

      By Stoyan Bojinov:Equity markets around the globe plunged lower as ongoing eurozone debt woes continue to weigh down on investor’s confidence, while the resurfacing deficit drama in the U.S. only added to the growing cloud of uncertainty. The Dow Jones Industrial Average led the way lower, plunging 2.11% on the day, while the S&P 500 was the most resilient of the domestic equity indexes, shedding 1.87%. Profit taking was abundant across every corner of the market and even gold failed to take on safe haven appeal.

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