Equity markets appear to be regaining their footing in the first few trading days following last week’s dismal sell-off. Bargain buyers have stepped in as major stock indexes are holding above key support levels. Keep in mind however that the bounce higher can quickly turn into another leg-lower if Euro zone debt drama makes its way into the headlines. On the home front, investors were happy to see better-than-expected existing home sales; the April figure came in at 4.62 million versus the previous reading of 4.47 million [see also ETF Insider: Be Wary Of A Dead Cat Bounce]. Japanese stocks will come into the spotlight later today as investors react to the latest Bank Of Japan interest rate decision. As such, our ETF to watch for the day is the WisdomTree Japan Small Cap Fun (DFJ) which may gap in either direction as Wall Street’s opening bell kick-off trading today. Analysts [...] Click here to read the original article on ETFdb.com. Related Posts: Tuesday’s ETF To Watch: Japan SmallCap Fund (DFJ) E*TRADE Joins Commission Free ETF Party Bright Spots In The ETF Landscape: Five Funds Holding Their Value In A Wild 2011 Nikkei ETF Debuts: Newcomer Precidian Launches NKY IndexIQ Debuts Japan Mid Cap ETF (RSUN)
Equity markets appear to be regaining their footing in the first few trading days following last week’s dismal sell-off. Bargain buyers have stepped in as major stock indexes are holding above key support levels. Keep in mind however that the bounce higher can quickly turn into another leg-lower if Euro zone debt drama makes its way into the headlines. On the home front, investors were happy to see better-than-expected existing home sales; the April figure came in at 4.62 million versus the previous reading of 4.47 million [see also ETF Insider: Be Wary Of A Dead Cat Bounce]. Japanese stocks will come into the spotlight later today as investors react to the latest Bank Of Japan interest rate decision. As such, our ETF to watch for the day is the WisdomTree Japan Small Cap Fun (DFJ) which may gap in either direction as Wall Street’s opening bell kick-off trading today. Analysts [...]
Click here to read the original article on ETFdb.com.
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