October 01, 2012 at 13:14 PM EDT
ETF Insider: Technicals Favor Stocks
Despite a number of choppy trading sessions on Wall Street last week, major equity indexes remain in an uptrend as buyers have returned on every dip. Mixed economic reports at home will continue to take a backseat to headlines from Europe as the debt crisis overseas remains a much more important catalyst for global markets. Confidence is surely building as the latest Spanish stress-test was well received, although a continuing economic slowdown in China will likely add to the looming clouds of uncertainty. Fed minutes and employment data at home coupled with a European Central Bank rate decision should lead to an eventful week of trading on Wall Street [see Free Report: Seven Simple & Cheap All-ETF Model Portfolios]. Weekly Outlook Below, we highlight ETFs that may see an increase in trading activity as relevant market data is released and evaluated by investors: First Trust NASDAQ Global Auto Index Fund (CARZ): Car [...] Click here to read the original article on ETFdb.com. Related Posts: 3 ETFs To Watch This Week: XLI, EU, VXX 17 ETFs For Day Traders 3 ETFs To Watch This Week: EWUS, VXX, XLI 3 ETFs To Watch This Week: EWL, XLI, EU 3 ETFs To Watch This Week: VXX, GERJ, TLT
Despite a number of choppy trading sessions on Wall Street last week, major equity indexes remain in an uptrend as buyers have returned on every dip. Mixed economic reports at home will continue to take a backseat to headlines from Europe as the debt crisis overseas remains a much more important catalyst for global markets. Confidence is surely building as the latest Spanish stress-test was well received, although a continuing economic slowdown in China will likely add to the looming clouds of uncertainty. Fed minutes and employment data at home coupled with a European Central Bank rate decision should lead to an eventful week of trading on Wall Street [see Free Report: Seven Simple & Cheap All-ETF Model Portfolios]. Weekly Outlook Below, we highlight ETFs that may see an increase in trading activity as relevant market data is released and evaluated by investors: First Trust NASDAQ Global Auto Index Fund (CARZ): Car [...]

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

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