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This Week In ETFs: January 20th Edition
January 20, 2013 at 09:00 AM EST
This week was a fairly eventful one in the global market. The S&P 500 saw the largest gain after better-than-expected earnings from blue chip veterans like General Electric sent stocks sky high, even with tech firms like Intel slumping. GE also reported high order numbers for expensive industrial equipment from emerging markets (China in particular), creating an even larger influx to the global market. On the other side, speculators in the oil industry looking at China’s demand for energy by the end of last year are starting to worry that there may not be enough to go around, especially after Saudi Arabia made huge cuts in output at the end of last year [see 101 ETF Lessons Every Investor Should Learn]. The second ETF of 2013 launched early last week, with Global X bringing the new Junior MLP ETF to market. MLPJ will be linked to an index of about 25 companies that are [...] Click here to read the original article on ETFdb.com. Related Posts: Global X Launches Junior MLP ETF
This week was a fairly eventful one in the global market. The S&P 500 saw the largest gain after better-than-expected earnings from blue chip veterans like General Electric sent stocks sky high, even with tech firms like Intel slumping. GE also reported high order numbers for expensive industrial equipment from emerging markets (China in particular), creating an even larger influx to the global market. On the other side, speculators in the oil industry looking at China’s demand for energy by the end of last year are starting to worry that there may not be enough to go around, especially after Saudi Arabia made huge cuts in output at the end of last year [see 101 ETF Lessons Every Investor Should Learn]. The second ETF of 2013 launched early last week, with Global X bringing the new Junior MLP ETF to market. MLPJ will be linked to an index of about 25 companies that are [...]
