Stock markets have endured an up-down week thanks to looming Euro zone debt woes plaguing investors’ confidence. Volatility levels remain elevated as the threat of Greece exiting the euro appears to have intensified. On the home front, economic data releases have been largely positive; new home sales data beat expectations, along with stronger-than-expected durable goods orders in April. Major equity indexes appear to be stabilizing, although lingering Euro zone drama may very easily steal the headlines next week [see ETF Technical Trading FAQ]. Investors will turn their attention to the latest University of Michigan Consumer Sentiment report later today to gain more insights into the health of the domestic consumer. As such, the State Street SPDR S&P Retail ETF (XRT) is on our radar screen for the day as it may see an increase in trading volumes following this release. Analysts are largely expecting for the sentiment reading to come in [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Beware Of Bargain Shopping Friday’s ETF Chart To Watch: SPDR S&P Retail ETF (XRT) ETF Insider: Opportunities In A Pullback ETF Insider: Will The Bears Crash Earnings Season? Friday’s ETF Chart To Watch: SPDR S&P Retail ETF (XRT)
Stock markets have endured an up-down week thanks to looming Euro zone debt woes plaguing investors’ confidence. Volatility levels remain elevated as the threat of Greece exiting the euro appears to have intensified. On the home front, economic data releases have been largely positive; new home sales data beat expectations, along with stronger-than-expected durable goods orders in April. Major equity indexes appear to be stabilizing, although lingering Euro zone drama may very easily steal the headlines next week [see ETF Technical Trading FAQ]. Investors will turn their attention to the latest University of Michigan Consumer Sentiment report later today to gain more insights into the health of the domestic consumer. As such, the State Street SPDR S&P Retail ETF (XRT) is on our radar screen for the day as it may see an increase in trading volumes following this release. Analysts are largely expecting for the sentiment reading to come in [...]
Click here to read the original article on ETFdb.com.
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