Domestic equity indexes having been climbing higher all week, posting seven consecutive sessions in green territory. Investors are showing confidence in European lawmakers to bring forth a concrete plan of action in due time, while at home, corporate earnings have gotten off to a solid start. Yet, FOMC minutes from the most recent Fed meeting revealed that a cloud of uncertainty still looms over Wall Street while political drama in Washington may soon be heating up again as the Senate rejected Obama’s $447 billion jobs bill. Gold has been creeping higher all week, although the precious metal has yet to reclaim the $1,700 level since plunging lower after topping out near $1,900 an ounce about a month ago. Checking In: Trading Ideas This week, our technical trading ideas included long recommendations in a popular commodity fund as well as a country ETF, while our third, fundamental pick, focused on a lucrative [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Can Earnings Trump Euro Drama? Checking In On Six ETFs Touched By Chaos In Greece Six ETFs To Watch As Greek Drama Unfolds This Week In ETFs: November 13th Edition This Week In ETFs: October 23rd Edition
Domestic equity indexes having been climbing higher all week, posting seven consecutive sessions in green territory. Investors are showing confidence in European lawmakers to bring forth a concrete plan of action in due time, while at home, corporate earnings have gotten off to a solid start. Yet, FOMC minutes from the most recent Fed meeting revealed that a cloud of uncertainty still looms over Wall Street while political drama in Washington may soon be heating up again as the Senate rejected Obama’s $447 billion jobs bill. Gold has been creeping higher all week, although the precious metal has yet to reclaim the $1,700 level since plunging lower after topping out near $1,900 an ounce about a month ago. Checking In: Trading Ideas This week, our technical trading ideas included long recommendations in a popular commodity fund as well as a country ETF, while our third, fundamental pick, focused on a lucrative [...]
Click here to read the original article on ETFdb.com.
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