August 13, 2012 at 14:12 PM EDT
ETF Insider: Flirting With Resistance Is A Risky Game
Low trading volumes and sparse data releases have been recurring themes over the past two weeks, letting the bulls coast higher without much effort. The headlines are back this week however, and hopefully more traders from vacation, as a number of key GDP releases from the Europe are expected to come into the spotlight. The technical picture remains unchanged; the S&P 500 Index is flirting with historical resistance right around the 1,420 level [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: iShares MSCI Germany Index Fund (EWG): German GDP is slated to come out before Tuesday’s opening bell, which brings the focus onto EWG as investors react to the latest economic growth reading from the powerhouse Euro zone member. Analysts are expecting for GDP to come in at 0.9% versus the previous [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Beware Of Lingering Euro Fears Three Long/Short Ideas For Euro Zone Debt Drama ETF Insider: Progress In Greece Will Tip Markets ETF Insider: Is Euro Zone Optimism Here To Stay? ETF Insider: Will Euro Woes Rain On The Bull’s Parade?
Low trading volumes and sparse data releases have been recurring themes over the past two weeks, letting the bulls coast higher without much effort. The headlines are back this week however, and hopefully more traders from vacation, as a number of key GDP releases from the Europe are expected to come into the spotlight. The technical picture remains unchanged; the S&P 500 Index is flirting with historical resistance right around the 1,420 level [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:  iShares MSCI Germany Index Fund (EWG): German GDP is slated to come out before Tuesday’s opening bell, which brings the focus onto EWG as investors react to the latest economic growth reading from the powerhouse Euro zone member. Analysts are expecting for GDP to come in at 0.9% versus the previous [...]

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

Related Posts:

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here