ETF Insider: The Uptrend Remains For Now
Equity indexes on Wall Street oscillated between gains and losses throughout the majority of the trading week as slightly disappointing economic data releases were enough to encourage broad-based profit taking. Investors were displeased with a slow down in durable goods orders, although better-than-expected consumer sentiment on Friday helped to restore confidence. This week will see a host of important economic news on the home front which could potentially tip the markets lower if a correction develops, although the bulls will surely look to retain their dominance on Wall Street. Weekly Outlook Below, we highlight ETFs that may see an increase in trading activity as relevant market data is released and evaluated by investors: SPDR Gold Trust (GLD): Gold prices may have a volatile trading session on Tuesday as the latest FOMC minutes are released. Any hints of further quantitative easing could spark inflation fears and send GLD higher. First Trust NASDAQ Global [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: No Rest For The Bulls ETF Insider: Bears Are Lurking Around The Corner ETF Insider: Euro Woes Weigh On Earnings ETF Insider: Markets In Limbo ETF Insider: Do Fundamentals Justify The Wall Street Rally?
Equity indexes on Wall Street oscillated between gains and losses throughout the majority of the trading week as slightly disappointing economic data releases were enough to encourage broad-based profit taking. Investors were displeased with a slow down in durable goods orders, although better-than-expected consumer sentiment on Friday helped to restore confidence. This week will see a host of important economic news on the home front which could potentially tip the markets lower if a correction develops, although the bulls will surely look to retain their dominance on Wall Street. Weekly Outlook Below, we highlight ETFs that may see an increase in trading activity as relevant market data is released and evaluated by investors: SPDR Gold Trust (GLD): Gold prices may have a volatile trading session on Tuesday as the latest FOMC minutes are released. Any hints of further quantitative easing could spark inflation fears and send GLD higher. First Trust NASDAQ Global [...]

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

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