Tuesday's ETF Chart To Watch: MSCI United Kingdom Index Fund (EWU)

By Stoyan Bojinov:Stocks plunged lower on Tuesday as investors expressed their concerns over the ongoing parliamentary elections in the debt burdened currency bloc overseas. Uncertainty levels intensified after Greece failed to form a coalition government, leading to a wave of profit taking across equity markets all around the globe.

By Stoyan Bojinov: Euro zone worries took a backseat as investors instead turned their attention to the latest U.S. housing market data. The bulls came charging through Wall Street on Tuesday as new home starts in November surged to multi-month highs, showing signs of life in the battered down housing market.

By Stoyan Bojinov:The equity markets kicked off the week on a positive note as investors cheered on positive data on the homefront, along with encouraging developments in Greece over the weekend. The latest home builder index came in at 29, surpassing the previous reading of 28 and helping to spark a rally across the construction sector.

By Stoyan Bojinov:Stocks drifted lower to start the week as resurfacing Euro zone debt woes brought back the bears. Domestic equity indexes retreated into red territory after European leaders put pressure on Greek lawmakers to meet and accept the conditions of the proposed $171 billion bailout.

By Stoyan Bojinov:Selling pressures tipped the market south right from the opening bell, as ongoing eurozone woes made way for the bears on Wall Street. Investors’ sentiment declined as worries overseas intensified after ECB President Mario Draghi put a damper on hopes that the central bank would extend its bond purchasing program to help out the debt burdened member nations. U.S.

By Stoyan Bojinov:Equity indexes took a dive lower as many investors stepped to the sidelines in anticipation of today’s key European summit in Brussels. Selling pressures hit Wall Street on Thursday after the European Central Bank cut rates as expected, but disappointed investors when it announced that it would not continue its bond repurchase program.

By Stoyan Bojinov: By Stoyan Bojinov Bullish fever ran wild across equity markets on Wednesday after the Fed and the central banks of the Euro zone, Canada, Japan, United Kingdom, and Switzerland agreed to collectively lower the cost of offering dollar financing through swap arrangements.

By Stoyan Bojinov:European debt drama continues to plague the global market, although investors were able to brush aside the cloud of uncertainty yesterday, thanks to encouraging data from the home front. ISM non-manufacturing data came in better than expected, helping to inspire bullish pressures as equity indexes snapped their losing streak; this figure came in at 53.7%, inching past the expected 53.5%.