Thursday’s ETF Chart To Watch: Telecom ETF (VOX)
Mixed trading dominated Wall Street on Wednesday as investors digested conflicting data. On the bright side, U.S. housing data welcomed the bulls after the September housing starts figure blew expectations out of the water; this reading came in at 872,000, well above estimates of 770,000 as well as the previous month’s figure of 758,000. On the other hand, dismal earnings kept a lid on investors’ confidence; bellwethers Intel and IBM both missed the mark, inviting profit-taking pressures into the tech-sector [see Free Report: How To Pick The Right ETF Every Time]. Aside from China GDP, corporate earnings should remain at the top of the headlines today as more industry leaders report results and set the tone. Telecom-giant Verizon Communications (VZ) is slated to report later today at the opening bell, which brings the spotlight onto the Vanguard Telecom ETF (VOX, A+); this fund will likely see an increase in trading activity seeing as [...] Click here to read the original article on ETFdb.com. Related Posts: Will Tax Hikes Slam Telecom ETFs? Tuesday’s ETF To Watch: Telecom ETF (VOX) “Random Roger” Debuts Global Alpha & Beta ETF (RRGR) Comparing A Dividend ETF With A Dividend Weighted ETF Thursday’s ETF To Watch: Telecom ETF (VOX)
Mixed trading dominated Wall Street on Wednesday as investors digested conflicting data. On the bright side, U.S. housing data welcomed the bulls after the September housing starts figure blew expectations out of the water; this reading came in at 872,000, well above estimates of 770,000 as well as the previous month’s figure of 758,000. On the other hand, dismal earnings kept a lid on investors’ confidence; bellwethers Intel and IBM both missed the mark, inviting profit-taking pressures into the tech-sector [see Free Report: How To Pick The Right ETF Every Time]. Aside from China GDP, corporate earnings should remain at the top of the headlines today as more industry leaders report results and set the tone. Telecom-giant Verizon Communications (VZ) is slated to report later today at the opening bell, which brings the spotlight onto the Vanguard Telecom ETF (VOX, A+); this fund will likely see an increase in trading activity seeing as [...]

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