Click here to read the original article on ETFdb.com.
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Daily ETF Roundup: CORN Soaring, Markets Still Boring
August 08, 2012 at 17:04 PM EDT
After a strong three-day winning streak, investors seemingly took a breather today as markets struggled to find a definitive direction. U.S. equities zigzagged in a narrow range, dipping periodically in and out of red territory. Perhaps an appropriate analogy for today would be comparing the price action on Wall Street to the world’s most boring roller coaster ride. And as the drama of the global economic slowdown continues to unfold, investors are willing to stay on this dismal ride, waiting for central bankers across the globe to kick it into high gear. Since August is known to be a generally slow months for the markets, it will be interesting to see who will come out victorious from this global waiting game. Time to start placing bets, will it be team Draghi or Bernanke? [see Announcing The ETF Analyzer: Even More Data At Your Fingertips]. Global Market Overview: CORN Soaring, Markets Still Boring U.S. equities [...] Click here to read the original article on ETFdb.com. Related Posts: 4 ETFs On Fire From The Heat Wave 5 Most Popular New ETFs Of 2012 (So Far) The Most Successful ETFs Of All-Time ETFs To Play Euro 2012 Teucrium Debuts New Agriculture ETF (TAGS)
After a strong three-day winning streak, investors seemingly took a breather today as markets struggled to find a definitive direction. U.S. equities zigzagged in a narrow range, dipping periodically in and out of red territory. Perhaps an appropriate analogy for today would be comparing the price action on Wall Street to the world’s most boring roller coaster ride. And as the drama of the global economic slowdown continues to unfold, investors are willing to stay on this dismal ride, waiting for central bankers across the globe to kick it into high gear. Since August is known to be a generally slow months for the markets, it will be interesting to see who will come out victorious from this global waiting game. Time to start placing bets, will it be team Draghi or Bernanke? [see Announcing The ETF Analyzer: Even More Data At Your Fingertips]. Global Market Overview: CORN Soaring, Markets Still Boring U.S. equities [...]
