As February draws to a close, investors will have plenty of key data points to digest as we enter the new month. Some of the biggest focal points of the month have been gold and oil, which have both been surging for the majority of the past few weeks, leaving investors to scramble in and out of commodity positions. Equities, on the other hand, have been largely dominated by progress made in Europe regarding the Greek debt crisis. With a second bailout planned for the indebted nation, investors hope for a much needed break from euro woes and all of the subsequent market volatility as a result [see also Why Warren Buffett Hates Gold]. That break may be coming as we are set for a big week of data releases. Today will see the U.S. durable goods figures for the month of January. This report is defined as “the value of orders [...] Click here to read the original article on ETFdb.com. Related Posts: Tuesday’s ETF To Watch: Consumer Discretionary SPDR (XLY) Daily ETF Roundup: XLY Surges On Jobs Report, VXX Tumbles 5% On Market Strength Beyond XLY: Considering Consumer Discretionary ETFs AdvisorShares Rolls Out SectorSAM ETF (SSAM) Tuesday’s ETF Chart To Watch: Consumer Discretionary Select Sector SPDR (XLY)
As February draws to a close, investors will have plenty of key data points to digest as we enter the new month. Some of the biggest focal points of the month have been gold and oil, which have both been surging for the majority of the past few weeks, leaving investors to scramble in and out of commodity positions. Equities, on the other hand, have been largely dominated by progress made in Europe regarding the Greek debt crisis. With a second bailout planned for the indebted nation, investors hope for a much needed break from euro woes and all of the subsequent market volatility as a result [see also Why Warren Buffett Hates Gold]. That break may be coming as we are set for a big week of data releases. Today will see the U.S. durable goods figures for the month of January. This report is defined as “the value of orders [...]
Click here to read the original article on ETFdb.com.
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