Stocks fell victim to back-and-forth trading last week as stimulus hopes collided with concerning economic data on the homefront along with unresolved debt drama in the European currency bloc. The much anticipated FOMC announcement failed to provide the necessary kick-start to beat down equity markets as many had hoped for; instead it added to the clouds of uncertainty looming over the sluggish U.S. recovery. Investors will now look to positive data on all fronts for encouragement, although the Fed did leave the possibility for more stimulus on the table if deemed necessary [see also ETF Technical Trading FAQ]. Weekly Outlook Below, we highlight ETFs that may see an increase in trading activity as relevant market data is released and evaluated by investors: State Street SPDR Homebuilders ETF (XHB): This ETF may see a surge in trading volumes throughout the week as housing market data hits the street. New home sales data is due out [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Euro Woes Weigh On Earnings ETF Insider: Buying Opportunities After Panic Selling ETF Insider: The Uptrend Remains For Now Five ETFs George Washington Probably Would Have Liked ETF Insider: Is Euro Zone Optimism Here To Stay?
Stocks fell victim to back-and-forth trading last week as stimulus hopes collided with concerning economic data on the homefront along with unresolved debt drama in the European currency bloc. The much anticipated FOMC announcement failed to provide the necessary kick-start to beat down equity markets as many had hoped for; instead it added to the clouds of uncertainty looming over the sluggish U.S. recovery. Investors will now look to positive data on all fronts for encouragement, although the Fed did leave the possibility for more stimulus on the table if deemed necessary [see also ETF Technical Trading FAQ]. Weekly Outlook Below, we highlight ETFs that may see an increase in trading activity as relevant market data is released and evaluated by investors: State Street SPDR Homebuilders ETF (XHB): This ETF may see a surge in trading volumes throughout the week as housing market data hits the street. New home sales data is due out [...]
Click here to read the original article on ETFdb.com.
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