Skip to main content

ETFdb Weekly Watchlist: XRT, XLI, XHB Hinge On Retail, Philly Fed, and Housing Data

By: ETFdb
U.S. equities ended on a sour note last week as worse-than-expected labor data weighed heavily on the markets. Nonfarm Payrolls were reported at 74,000 for December, coming in far below analysts’ expectations of 197,000. The U.S. unemployment rate fell to 6.7% from 7%, largely as a result of people leaving the workforce. On the earnings front, Sears (SHLD) tumbled 13% after the retailer reported earnings that fell short of the Street’s expectations; meanwhile bellwether Alcoa (AA) also missed EPS estimates and posted a net loss. This week, investors will only see a handful of economic reports. Below, we outline three ETFs that should see a fair amount of activity during the week ahead [see The Fed Effect: How Monetary Policy Impacts Your ETFs]. 1. SPDR S&P Retail ETF Why XRT Will Be In Focus: This ETF tracks an index that is comprised of the roughly 100 U.S.-listed, publicly-traded retail companies, a targeted sub-sector of the [...] Click here to read the original article on ETFdb.com. Related Posts: ETFdb Weekly Watchlist: XHB, XRT, XLI Hinge On Housing, Consumer, and Durable Goods Data 17 ETFs For Day Traders ETFdb Weekly Watchlist: XRT, EWU, XLI Hinge On Consumer and Manufacturing Data ETFdb Weekly Watchlist: VGK, XHB, XLI Hinge on Manufacturing and Housing Data ETF Insider: Buy On The Dip Prospects October 7th Edition
U.S. equities ended on a sour note last week as worse-than-expected labor data weighed heavily on the markets. Nonfarm Payrolls were reported at 74,000 for December, coming in far below analysts’ expectations of 197,000. The U.S. unemployment rate fell to 6.7% from 7%, largely as a result of people leaving the workforce. On the earnings front, Sears (SHLD) tumbled 13% after the retailer reported earnings that fell short of the Street’s expectations; meanwhile bellwether Alcoa (AA) also missed EPS estimates and posted a net loss. This week, investors will only see a handful of economic reports. Below, we outline three ETFs that should see a fair amount of activity during the week ahead [see The Fed Effect: How Monetary Policy Impacts Your ETFs]. 1. SPDR S&P Retail ETF Why XRT Will Be In Focus: This ETF tracks an index that is comprised of the roughly 100 U.S.-listed, publicly-traded retail companies, a targeted sub-sector of the [...]

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

Related Posts:

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.