ETF Insider: Greek Woes Rattle Confidence

By: ETFdb
Equity indexes crept higher all week as encouraging economic data releases on the home front kept the bull train rolling. However, bearish pressures permeated the market on Friday as Greek debt woes struck again, erasing all of the gains from earlier in the week for most securities. The lack of resolution in the financially fragile currency bloc overseas continues to be a major drag on investors’ confidence and will likely persist until a concrete agreement has been struck. With regards to our Monday edition of ETF Insider, it seems that Greek woes have undoubtedly rained on the bull’s parade. Actionable ETF Trade Ideas Last Week’s Actionable ETF Ideas Ticker Position Performance FCG Long 2.3% TLT Long 1.4% IJR Short 1.6% Our picks from Monday’s Insider posted a mixed performance this past week, although our two profitable trades more than made up for the losing recommendation. Below, we highlight how our trade [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Will Euro Woes Rain On The Bull’s Parade? iShares Adds Small Cap India ETF Global X Debuts First “Permanent ETF” Bond ETFs For Every Objective Five Compelling Long Term Trends (And ETFs To Play Them)
Equity indexes crept higher all week as encouraging economic data releases on the home front kept the bull train rolling. However, bearish pressures permeated the market on Friday as Greek debt woes struck again, erasing all of the gains from earlier in the week for most securities. The lack of resolution in the financially fragile currency bloc overseas continues to be a major drag on investors’ confidence and will likely persist until a concrete agreement has been struck. With regards to our Monday edition of ETF Insider, it seems that Greek woes have undoubtedly rained on the bull’s parade. Actionable ETF Trade Ideas Last Week’s Actionable ETF Ideas Ticker Position Performance FCG Long 2.3% TLT Long   1.4% IJR Short 1.6% Our picks from Monday’s Insider posted a mixed performance this past week, although our two profitable trades more than made up for the losing recommendation. Below, we highlight how our trade [...]

Click here to read the original article on ETFdb.com.

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