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ETF Insider: Sellers Swarm, Bulls Unfazed

By: ETFdb
Selling pressures finally struck this past week on Wall Street, but much to the bears’ frustration the pullback was short-lived and welcomed by eager bargain buyers on Friday. The bears crept onto the scene this past Wednesday after ADP payroll data came in worse-than-expected; pessimistic suspicions proved true after Friday’s monthly employment report left many disappointed, although buyers were quick to step in after the early morning sell-off [see Free 7 Simple & Cheap All- ETF Model Portfolios]. Actionable ETF Trade Ideas Our picks from Monday’s Insider posted solid performance results even after unexpected selling pressures rattled investors’ confidence this past week. Below, we highlight how our trade ideas fared during the week [sign up for a free trial of ETFdb Pro to get actionable ETF ideas every Monday, as well as access to more than 50 all-ETF model portfolios]. Last Week’s Actionable ETF Ideas Ticker Position Week Performance GLD Long -1.0% IYT Short +5.9% MOO [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Data Heavy Week Could Spur Volatility ETF Insider: Stocks Drift As “Fiscal Cliff” Nears ETF Insider: Fiscal Cliff Woes Simmer On Tax Talks Third Time’s A Charm? Best ETF Plays For QE3 101 ETF Lessons Every Financial Advisor Should Learn
Selling pressures finally struck this past week on Wall Street, but much to the bears’ frustration the pullback was short-lived and welcomed by eager bargain buyers on Friday. The bears crept onto the scene this past Wednesday after ADP payroll data came in worse-than-expected; pessimistic suspicions proved true after Friday’s monthly employment report left many disappointed, although buyers were quick to step in after the early morning sell-off [see Free 7 Simple & Cheap All- ETF Model Portfolios]. Actionable ETF Trade Ideas Our picks from Monday’s Insider posted solid performance results even after unexpected selling pressures rattled investors’ confidence this past week. Below, we highlight how our trade ideas fared during the week [sign up for a free trial of ETFdb Pro to get actionable ETF ideas every Monday, as well as access to more than 50 all-ETF model portfolios]. Last Week’s Actionable ETF Ideas Ticker Position Week Performance GLD Long -1.0% IYT Short +5.9% MOO [...]

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

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