U.S. Market Sell-Off Accelerates … Financials Join Basic Materials as Major Decliners … VIX Soars Above 10-Day, Stretches More Than 20%.
Stocks fell sharply on the session despite positive earnings at several major names. A loss of 33 cents is projected for iconic American motorcycle maker Harley Davidson before the open on Friday.
U.S. Markets Retreat, Finish Off Session Lows … Energies, Basic Materials Lead Pullback … . Top ETF PowerRatings Funds for Today Include: EWZ, XME, ILF
Lackluster earnings from International Business Machines and Morgan Stanley further added to the pessimism on the Street. Thursday will be another huge day of earning reports with Wall Street giant Goldman Sachs and Google reporting.
VIX Stretch Below 10-Day Moving Average Below 4% … Gold (GLD), Silver (SLV), Crude Oil (OIL) Climb Despite Dollar Strength (UDN, UUP) …Top ETF PowerRatings Funds for Today Include: TAN, EWH, EEB.
Health care led the rally with the major indexes closing strong on the session. Online auction powerhouse, eBay Inc has analysts awaiting an EPS of 35 cents after the close on Wednesday.
VIX Stretch Below 10-Day Moving Average Shrinks on Stock Pullback … Crude Oil (USO) Leads Gold (GLD), Silver (SLV) Lower … Greenback (UUP) Advance.
Bears dominated the market on Friday pushing stocks lower to close the session. Traders will have to wait till Tuesday for Citigroup’s earnings report, expected before the bell with a forecast loss of 33 cents/share.
U.S. Equity Indexes Advance as China (FXI, TAO), Brazil (EWZ) Continue Pullback … VIX Hovers Near 6% for 2nd Day … Top ETF PowerRatings Funds for Today Include: BIK, ILF, RTH.
U.S. Markets Resume Advance … Nasdaq Tops Dow (DIA), S&P 500 (SPY) … Top Stock PowerRatings Stocks for Today Include: RAD, UIS, GAP … VIX Stretch Below 10-Day Moving Average Grows Past 6% on Equity Bounce … Gold (GLD), Silver (SLV) Advance as Crude Oil (USO) Continues Pullback … Top ETF PowerRatings Funds for Thursday Include: TAO, EWZ, XLK.