Markets got off to a strong start last week as bargain shoppers finally stepped in after a long stretch of profit-taking pressures on Wall Street. Investors rejoiced over renewed optimism that a deal in Congress would be reached before the much-feared “fiscal cliff,” but pessimism crept back onto the stock front after Chairman Bernanke commented that the Fed doesn’t have the necessary tools to shield the economy from the potential harm that could arise from the automatic rounds of spending cuts and tax hits that could come January 1. Encouraging economic data on the housing front did, however, boost investor confidence, though disappointing earnings results from Best Buy and Deere weighed heavily on the markets. This week, investors will once again see a number of economic reports from around the world. Below, we outline three ETFs that should see a fair amount of activity during the week ahead [see also 7 Simple & Cheap ETF Model [...] Click here to read the original article on ETFdb.com. Related Posts: Charts Are Aligning For XLU 3 ETFs To Watch This Week: EWL, XLI, EU Which Sector ETFs Are Cheap? AdvisorShares Rolls Out SectorSAM ETF (SSAM) ETFs & Sector Rotation: Large Cap, Small Cap, Or International?
Markets got off to a strong start last week as bargain shoppers finally stepped in after a long stretch of profit-taking pressures on Wall Street. Investors rejoiced over renewed optimism that a deal in Congress would be reached before the much-feared “fiscal cliff,” but pessimism crept back onto the stock front after Chairman Bernanke commented that the Fed doesn’t have the necessary tools to shield the economy from the potential harm that could arise from the automatic rounds of spending cuts and tax hits that could come January 1. Encouraging economic data on the housing front did, however, boost investor confidence, though disappointing earnings results from Best Buy and Deere weighed heavily on the markets. This week, investors will once again see a number of economic reports from around the world. Below, we outline three ETFs that should see a fair amount of activity during the week ahead [see also 7 Simple & Cheap ETF Model [...]
Click here to read the original article on ETFdb.com.
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