November 05, 2011 at 10:00 AM EDT
ETF Insider: It’s All Greek To Me
Euro zone debt woes took investors for another roller coaster ride as uncertainty from overseas led to volatile trading across equity markets all over the globe. Investors were spooked early in the week after Greek Prime Minister George Papandreou announced a proposal for a referendum to the three-pronged “bailout plan” proposed by EU leaders earlier in Brussels. Selling pressures hit the street as investors scrambled for the safe havens, fearing that Greece would succumb to default. However, euphoria quickly returned to the markets after Greece decided to solidify its place in the currency bloc and scrapped the referendum. Domestic equity indexes finished the week in red territory as stocks faced headwinds on Friday despite the better-than-expected unemployment report at home. Actionable ETF Trade Ideas Last Week’s Actionable ETF Ideas Ticker Position Performance FXA Short +3.1% EWJ Long -1.5% IEF Long +1.7% Our picks from Monday’s Insider performed quite well during [...] Click here to read the original article on ETFdb.com. Related Posts: PowerShares Rolls Out Four KBW Financial ETFs ETF Insider: Greek Drama Steals Spotlight ETF Insider: Bulls Look To Sustain Momentum PIMCO Launches Aussie Bond ETF Daily ETF Roundup: VXX Surges 10% On Market Woes, EWJ Slips On Yen Intervention
Euro zone debt woes took investors for another roller coaster ride as uncertainty from overseas led to volatile trading across equity markets all over the globe. Investors were spooked early in the week after Greek Prime Minister George Papandreou announced a proposal for a referendum to the three-pronged “bailout plan” proposed by EU leaders earlier in Brussels. Selling pressures hit the street as investors scrambled for the safe havens, fearing that Greece would succumb to default. However, euphoria quickly returned to the markets after Greece decided to solidify its place in the currency bloc and scrapped the referendum. Domestic equity indexes finished the week in red territory as stocks faced headwinds on Friday despite the better-than-expected unemployment report at home.  Actionable ETF Trade Ideas Last Week’s Actionable ETF Ideas Ticker Position Performance FXA Short +3.1% EWJ Long -1.5% IEF Long +1.7% Our picks from Monday’s Insider performed quite well during [...]

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

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