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ETF Insider: Cold Turkey For Europe

By: ETFdb
Investors can’t seem to catch a break this week as sentiment continues to sway from fearful to hopeful, paving the way for profit taking and choppy trading across all markets. The spotlight remains fixated on the debt burdened Euro zone and investors worries continue to overshadow the encouraging economic data releases at home. Positive news on the home front this weeks includes better-than-expected existing home sales, increase in personal income, as well as surprise to the upside in durable goods orders. Nonetheless, uncertainty surrounding the supercommittee negotiations is still weighting down on investor’s confidence on Wall Street, and debt woes from the other side of the Atlantic aren’t exactly helping. Checking In: Trading Ideas This week, our technical trading ideas included a short recommendation in a emerging country fund as well as long recommendations in a domestic sector and Treasury ETF. Below, we highlight how our trade recommendations from Monday’s [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Will The Supercommittee Surprise? Three ETFs To Watch This Week: IAH, TLT, USO Ten Best ETF Performers Over The Last Five Years (Including A Few Surprises) Wednesday’s ETF Chart To Watch: iShares Barclays 20 Year Treasury Bond Fund (TLT) ETF Insider: Bulls In Drivers Seat
Investors can’t seem to catch a break this week as sentiment continues to sway from fearful to hopeful, paving the way for profit taking and choppy trading across all markets. The spotlight remains fixated on the debt burdened Euro zone and investors worries continue to overshadow the encouraging economic data releases at home. Positive news on the home front this weeks includes better-than-expected existing home sales, increase in personal income, as well as surprise to the upside in durable goods orders. Nonetheless, uncertainty surrounding the supercommittee negotiations is still weighting down on investor’s confidence on Wall Street, and debt woes from the other side of the Atlantic aren’t exactly helping. Checking In: Trading Ideas This week, our technical trading ideas included a short recommendation in a emerging country fund as well as long recommendations in a domestic sector and Treasury ETF. Below, we highlight how our trade recommendations from Monday’s [...]

Click here to read the original article on ETFdb.com.

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