Equity markets kicked off last week on a very sour note after worse-than-expected China GDP data opened up the gates for the bears on Wall Street. To top it off, extreme selling pressures in the gold market dented the bulls’ confidence altogether, prompting many to jump ship to Treasuries for much of the trading week. Nonetheless, bargain buyers stepped in once again following the short-lived correction, and the S&P 500 Index managed to close out the week right above a key support at the 1,540 level [see Free 7 Simple & Cheap All- ETF Model Portfolios]. Actionable ETF Trade Ideas Our picks from Monday’s Insider posted very good performance results, even after equity markets endured a choppy trading week. Below, we highlight how our trade ideas fared during the week [sign up for a free trial of ETFdb Pro to get actionable ETF ideas every Monday, as well as access to more than [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Yellow Metal In Bloody Red 3 Things You Need To Know About Low Volatility ETFs ETF Insider: Sellers Swarm, Bulls Unfazed ETF Insider: Data Heavy Week Could Spur Volatility S&P 500 ETFs: Comparing The “Twisted” Funds
Equity markets kicked off last week on a very sour note after worse-than-expected China GDP data opened up the gates for the bears on Wall Street. To top it off, extreme selling pressures in the gold market dented the bulls’ confidence altogether, prompting many to jump ship to Treasuries for much of the trading week. Nonetheless, bargain buyers stepped in once again following the short-lived correction, and the S&P 500 Index managed to close out the week right above a key support at the 1,540 level [see Free 7 Simple & Cheap All- ETF Model Portfolios]. Actionable ETF Trade Ideas Our picks from Monday’s Insider posted very good performance results, even after equity markets endured a choppy trading week. Below, we highlight how our trade ideas fared during the week [sign up for a free trial of ETFdb Pro to get actionable ETF ideas every Monday, as well as access to more than [...]
Click here to read the original article on ETFdb.com.
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