Last week started off with a rather slow “Cyber Monday,” with equities skimming along the flat line for the majority of the day. Following the pseudo-holiday, Wall Street shifted its attention once again to the Washington, as mixed commentary on the progress of the fiscal cliff talks dominated the markets. Senate Majority Leader Harry Reid first reported that there had been “little progress,” then went on to express his optimism about the budget talks, stating that while Republicans are still opposed to raising taxes, they are willing to make the sacrifice as long as appropriate spending cuts are made. During a White House event, President Obama also emphasized that his hope “is to get this agreement done before Christmas.” This week, investors will once again see a number of economic reports from around the world. Below, we outline three ETFs that should see a fair amount of activity during the week ahead [see [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Technicals Favor Stocks 3 ETFs To Watch This Week: XLI, EU, VXX 3 ETFs To Watch This Week: EWL, XLI, EU ETF Insider: Be Mindful Of Profit Taking ETF Insider: Bulls In Drivers Seat
Last week started off with a rather slow “Cyber Monday,” with equities skimming along the flat line for the majority of the day. Following the pseudo-holiday, Wall Street shifted its attention once again to the Washington, as mixed commentary on the progress of the fiscal cliff talks dominated the markets. Senate Majority Leader Harry Reid first reported that there had been “little progress,” then went on to express his optimism about the budget talks, stating that while Republicans are still opposed to raising taxes, they are willing to make the sacrifice as long as appropriate spending cuts are made. During a White House event, President Obama also emphasized that his hope “is to get this agreement done before Christmas.” This week, investors will once again see a number of economic reports from around the world. Below, we outline three ETFs that should see a fair amount of activity during the week ahead [see [...]
Click here to read the original article on ETFdb.com.
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