Broad U.S. Stock ETFs Test 50-Day Moving Average
July 08, 2013 at 16:45 PM EDT
After a tumultuous second second quarter, broad U.S. stock exchange traded funds are now range bound, dancing around their short-term moving averages. The SPDR S&P 500 (NYSEArca: SPY) is 1.0% above its 50-day exponential moving average, PowerShares Nasdaq 100 (NasdaqGM: QQQ) is 1.1% above its...