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This Week In ETFs: October 2nd Edition
October 02, 2011 at 09:45 AM EDT
This week saw yet another up and down one as markets have struggled to find a definitive direction. The majority of market swings were dominated by news from overseas as Europe revises their outlook on a daily basis. The majority of investors, however, feel that the debt crisis won’t be ending anytime soon. Gold finished the week out at $1,623/oz., creating an enticing opportunity as it sits at its lowest price in quite some time. Finally, oil topped the week off with a 4.3% slaughter to finish below $79 per barrel, wreaking havoc on a number of energy equities. The ETF world finished out a solid Q3 with over 230 launches thus far in the year. Below, we outline three of the best ETF stories from around the web this week. A Cheaper IAU Gaining Ground On GLD at IndexUniverse: iShares Gold Trust (IAU) has been making headlines and catching the [...] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
This week saw yet another up and down one as markets have struggled to find a definitive direction. The majority of market swings were dominated by news from overseas as Europe revises their outlook on a daily basis. The majority of investors, however, feel that the debt crisis won’t be ending anytime soon. Gold finished the week out at $1,623/oz., creating an enticing opportunity as it sits at its lowest price in quite some time. Finally, oil topped the week off with a 4.3% slaughter to finish below $79 per barrel, wreaking havoc on a number of energy equities. The ETF world finished out a solid Q3 with over 230 launches thus far in the year. Below, we outline three of the best ETF stories from around the web this week. A Cheaper IAU Gaining Ground On GLD at IndexUniverse: iShares Gold Trust (IAU) has been making headlines and catching the [...]
