May 28, 2011 at 07:00 AM EDT
ETF Insider: Recapping A Wild Week
After concerns about Europe dominated trading in the early part of the week, U.S. and international markets staged a comeback in the final sessions of the week, putting most major benchmarks higher but not enough to break through into the green on the week. Though Friday was light on volume ahead of an extended holiday weekend, there was no shortage of significant economic data. Consumer spending disappointed analysts and pending home sales plummeted, but bullish comments from G-8 leaders were enough to outweigh those negative developments. Commodities continued to shine over the last several sessions, with silver reclaiming big chunks of the ground lost during its extreme sell-off earlier this month and energy commodities once again demonstrated strength thanks to impressive overseas demand. Recapping Our Actionable ETF Trade Ideas Last Week’s Actionable ETF Ideas Ticker Position Performance XLF Short 0.5% IEF Short 0.0% JJC Long 3.5% In this week’s first [...] Click here to read the original article on ETFdb.com. Related Posts: Russell Debuts Slew Of Factor ETFs Russell Planning Major ETF Push Direxion Launches Leveraged Russia, Agribusiness ETFs ETF Insider: Buying Opportunities After Panic Selling PowerShares, Deutsche Team Up On Leveraged Dollar ETNs
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