July 30, 2012 at 13:46 PM EDT
ETF Insider: Momentum Hinges On ECB Hopes
After enduring another choppy trading week, markets blasted off higher to end the week on a positive note, as investors’ reacted with great optimism that European lawmakers would step up and ensure stability in the financially fragile currency bloc overseas. Earnings at home remain a mixed bag, while housing market data has also turned from hopeful to sour, adding to the list of uncertainties looming over Wall Street. Investor’s will keep a close watch on the European Central Bank rate decision this Thursday, given the anticipation that lawmakers will step up their fiscal-firepower [see also ETF Technical Trading FAQ]. 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 S&P Retail ETF (XRT): Retail stocks will come into focus Tuesday morning as investors react to the latest consumer spending data. Analysts are expecting for this figure [...] Click here to read the original article on ETFdb.com. Related Posts: 17 ETFs For Day Traders ETF Insider: Was The Greek Bailout Priced In? ETF Insider: Is Euro Zone Optimism Here To Stay? ETF Insider: Expect More Volatility ETF Insider: Can Earnings Trump Euro Drama?
After enduring another choppy trading week, markets blasted off higher to end the week on a positive note, as investors’ reacted with great optimism that European lawmakers would step up and ensure stability in the financially fragile currency bloc overseas. Earnings at home remain a mixed bag, while housing market data has also turned from hopeful to sour, adding to the list of uncertainties looming over Wall Street. Investor’s will keep a close watch on the European Central Bank rate decision this Thursday, given the anticipation that lawmakers will step up their fiscal-firepower [see also ETF Technical Trading FAQ]. 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 S&P Retail ETF (XRT): Retail stocks will come into focus Tuesday morning as investors react to the latest consumer spending data. Analysts are expecting for this figure [...]

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

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