Our bearish suspicions from Monday’s Insider proved correct as major equity benchmarks drifted lower after a number of worrisome headlines gave investors plenty of reasons to take profits. Looming uncertainty in Europe remains a critical driver for stock markets on all fronts; worries over Spain encouraged selling on Wednesday, only for the bulls to return the following session with a bang after the nation announced a detailed austerity plan. Despite choppy trading, domestic stock indexes remain in an uptrend, although pressures for a steeper correction continue to build amid looming uncertainties [see Free 7 Simple & Cheap All-ETF Model Portfolios]. Actionable ETF Trade Ideas Last Week’s Actionable ETF Ideas Ticker Position Week Performance VNQ Long -1.1% FXB Short +0.3% FCG Long -3.2% Our picks from Monday’s Insider posted a mixed performance during a lackluster week on Wall Street. Below, we highlight how our trade ideas fared during the week [sign up for a free [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Bears Are Lurking ETF Insider: Will Euro Woes Rain On The Bull’s Parade? Tuesday’s ETF Chart To Watch: CurrencyShares British Pound Sterling Trust (FXB) ETF Insider: Set Your Stops And Targets Tight ETF Insider: Flirting With Resistance Is A Risky Game
Our bearish suspicions from Monday’s Insider proved correct as major equity benchmarks drifted lower after a number of worrisome headlines gave investors plenty of reasons to take profits. Looming uncertainty in Europe remains a critical driver for stock markets on all fronts; worries over Spain encouraged selling on Wednesday, only for the bulls to return the following session with a bang after the nation announced a detailed austerity plan. Despite choppy trading, domestic stock indexes remain in an uptrend, although pressures for a steeper correction continue to build amid looming uncertainties [see Free 7 Simple & Cheap All-ETF Model Portfolios]. Actionable ETF Trade Ideas Last Week’s Actionable ETF Ideas Ticker Position Week Performance VNQ Long -1.1% FXB Short +0.3% FCG Long -3.2% Our picks from Monday’s Insider posted a mixed performance during a lackluster week on Wall Street. Below, we highlight how our trade ideas fared during the week [sign up for a free [...]
Click here to read the original article on ETFdb.com.
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