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ETF Insider: Yet Another Up-Down Week

By: ETFdb
Volatility remains the name of the game. Equity indexes continue to fluctuate wildly and Wall Street started the week with a rally, but investor confidence is clearly lacking as stocks have fallen victim to high-volume profit taking near the close of almost every single trading session. The debt drama in Europe remains unresolved and investors are anxiously awaiting a concrete plan of action from European lawmakers. Gold drifted lower for the week and the precious metal struggled to rise back above $1,700 an ounce even amidst stock market weakness, managing to settle below the $1,650 level for the week on fairly light trading volume. Actionable ETF Trade Ideas Last Week’s Actionable ETF Ideas Ticker Position Performance AMJ Long 4.7% TUR Long 2.3% ZROZ Long 0% Our picks from Monday’s Insider fared quite well this week, with two of our recommendations posting very respectable gains during another choppy week on Wall [...] Click here to read the original article on ETFdb.com. Related Posts: SPDR Attack: State Street Rolls Out More Sector ETFs ETF Insider: Markets Bear Down ETF Insider: Does Gold Still Glitter? ProShares Files For Innovative ‘Inflation ETFs’ The Best Dividend ETFs Aren’t Dividend ETFs At All
Volatility remains the name of the game. Equity indexes continue to fluctuate wildly and Wall Street started the week with a rally, but investor confidence is clearly lacking as stocks have fallen victim to high-volume profit taking near the close of almost every single trading session. The debt drama in Europe remains unresolved and investors are anxiously awaiting a concrete plan of action from European lawmakers. Gold drifted lower for the week and the precious metal struggled to rise back above $1,700 an ounce even amidst stock market weakness, managing to settle below the $1,650 level for the week on fairly light trading volume. Actionable ETF Trade Ideas Last Week’s Actionable ETF Ideas Ticker Position Performance AMJ Long 4.7% TUR Long 2.3% ZROZ Long 0% Our picks from Monday’s Insider fared quite well this week, with two of our recommendations posting very respectable gains during another choppy week on Wall [...]

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

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