ETF Insider: Fed Offers No Relief
Up-down trading remains the dominant theme on Wall Street as investores endured another choppy week driven by headlines. Stocks headed downhill in the first half of the week after investors expressed their disappointing with the Fed, which offered no new stimulus measures while at the same time citing a deteriorating economic outlook. The bears remained in control as the ECB also left investors hoping for more as Draghi failed to offer up a new initiative to ensure the unity and stability of the debt burdened currency bloc. Nonetheless, much of the losses on the week were erased Friday as markets rallied into bright green territory thanks to a better-than-expected U.S. employment report [see also Roubini Warns Low Commodity Price Signal Economic Disease]. Actionable ETF Trade Ideas Last Week’s Actionable ETF Ideas Ticker Position Week Performance GDX Long -2.3% UUP Long -0.7% BTAL Long +0.6% Our picks from Monday’s Insider posted mixed results as Friday’s [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Momentum Hinges On ECB Hopes ETF Insider: Data Back In Focus As Stimulus Hopes Fade ETF Insider: Take Profits In A Sideways Market ETF Insider: Beware Of Earnings Volatility 10 Strange But True Facts About The ETF Industry
Up-down trading remains the dominant theme on Wall Street as investores endured another choppy week driven by headlines. Stocks headed downhill in the first half of the week after investors expressed their disappointing with the Fed, which offered no new stimulus measures while at the same time citing a deteriorating economic outlook. The bears remained in control as the ECB also left investors hoping for more as Draghi failed to offer up a new initiative to ensure the unity and stability of the debt burdened currency bloc. Nonetheless, much of the losses on the week were erased Friday as markets rallied into bright green territory thanks to a better-than-expected U.S. employment report [see also Roubini Warns Low Commodity Price Signal Economic Disease]. Actionable ETF Trade Ideas Last Week’s Actionable ETF Ideas Ticker Position Week Performance GDX Long -2.3% UUP Long -0.7% BTAL Long +0.6% Our picks from Monday’s Insider posted mixed results as Friday’s [...]

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

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