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ETF Insider: Markets Clear Technical Hurdle

By: ETFdb
Earnings season is well underway and investors on Wall Street appear to be quite content with the latest round of corporate performance results from industry leaders. Debt-woes stemming from the Euro zone continue to dominate headlines as investors anxiously await for policymakers to agree upon a comprehensive plan in the near future. Domestic equity indexes climbed higher on Friday to end the week in solid green territory, bolstered by optimism over McDonald’s better-than-expected earnings and the upcoming European Union summit. Gold prices oscillated between the $1,700 and $1,600 levels during the week, with the precious metal settling around $1,640 an ounce on Friday. Actionable ETF Trade Ideas Last Week’s Actionable ETF Ideas Ticker Position Performance JJG Long -0.6% IEF Short -0.1% UUP Long -0.9% Our picks from Monday’s Insider were directionless at best this week, with all three recommendations turning in minimal losses for the week. Below, we highlight how [...] Click here to read the original article on ETFdb.com. Related Posts: VelocityShares Debuts Leveraged Precious Metals ETNs iShares Launches Minimum Volatility ETFs ETF Insider: Markets Take Cues From Europe ETF Insider: Which Way Will The Bulls Run? ETF Insider: Equities Back In Black
Earnings season is well underway and investors on Wall Street appear to be quite content with the latest round of corporate performance results from industry leaders. Debt-woes stemming from the Euro zone continue to dominate headlines as investors anxiously await for policymakers to agree upon a comprehensive plan in the near future. Domestic equity indexes climbed higher on Friday to end the week in solid green territory, bolstered by optimism over McDonald’s better-than-expected earnings and the upcoming European Union summit. Gold prices oscillated between the $1,700 and $1,600 levels during the week, with the precious metal settling around $1,640 an ounce on Friday. Actionable ETF Trade Ideas Last Week’s Actionable ETF Ideas Ticker Position Performance JJG Long -0.6% IEF Short -0.1% UUP Long -0.9% Our picks from Monday’s Insider were directionless at best this week, with all three recommendations turning in minimal losses for the week. Below, we highlight how [...]

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

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