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Tuesday’s ETF To Watch: ETF Securities Platinum Shares Trust (PPLT)

By: ETFdb
As 2011 gets underway, investors have bought up securities across the board giving a nice boost to American equities to start the new year. While the early leaders of the year were in the basic materials and financial sectors, automakers have also continued their strong performance, outpacing a variety of their counterparts in the consumer goods sector. However, despite this surge as of late which has been the result of strong sales and rising consumer confidence, investors will likely hone in on a key piece of data which will set the tone for the auto sector to start the year. That crucial data point is the domestic auto sales figures for December which analysts currently forecast to come in at an annual rate of 9.2 million units. This represents a slight increase from the November figures in which reports showed sales of 9.1 million units (at an annual rate) suggesting that [...] Click here to read the original article on ETFdb.com.
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