Thursday’s ETF To Watch: Dow Jones U.S. Consumer Goods Index Fund (IYK)

By: ETFdb
As earnings season draws to a close, investors will soon be forced to face international affairs head on. For the time being, earnings reports from companies like McDonald’s and other blue chip firms have done well to keep our minds off of the looming debt crisis that has been ailing the euro zone for quite some time. But before these issues are pulled out of the doldrums, there are still a few big name firms that will be reporting earnings this week that will more than likely dominate the market [see also The Ten Commandments of Commodity Investing]. Today will see the fourth quarter earnings results from Philip Morris International (PM). Philip Morris is an international cigarette and tobacco company that spun off of Altria Group (MO) in 2008. The firm is now home to a decent market share of the world’s tobacco sales. Though tobacco has become a more controversial product in the [...] Click here to read the original article on ETFdb.com. Related Posts: Three ETFs To Watch This Week: IYK, IAK, FXB Thursday’s ETF To Watch: Consumer Goods Index Fund (IYK) Warning: Commodity Surge Could Sink Consumer Staples ETFs Size Does Matter (To a Point): Study of ETF Liquidity
As earnings season draws to a close, investors will soon be forced to face international affairs head on. For the time being, earnings reports from companies like McDonald’s and other blue chip firms have done well to keep our minds off of the looming debt crisis that has been ailing the euro zone for quite some time. But before these issues are pulled out of the doldrums, there are still a few big name firms that will be reporting earnings this week that will more than likely dominate the market [see also The Ten Commandments of Commodity Investing]. Today will see the fourth quarter earnings results from Philip Morris International (PM). Philip Morris is an international cigarette and tobacco company that spun off of Altria Group (MO) in 2008. The firm is now home to a decent market share of the world’s tobacco sales. Though tobacco has become a more controversial product in the [...]

Click here to read the original article on ETFdb.com.

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