Tuesday’s ETF To Watch: S&P 500 VIX Short-Term Futures ETN (VXX)

By: ETFdb
As we kick off the final week of March, investors will have to dig for significant market-moving events in the coming trading days. Though the month has been packed with significant economic data, this week will be relatively slow save for a few U.S. reports. Fed Chairman Ben Bernanke spoke on Monday, commenting on the current economy and how we should expect to fare over the next few months. Bernanke noted that we are in a bit of a pickle, as the dramatic uptick in employment has not been matched by economic gains of the same magnitude, which could spell trouble in coming months. Part of keeping the economy going will be key economic indicators over the next few weeks, including a major report today [see also Does GLD Really Hold Gold, Or is it a Scam?]. U.S. Consumer Confidence is slated to hit markets today with analysts predicting a slight decrease to 70.0 [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: IWO Pops, VXX Drops On Loose Fed Policy Daily ETF Roundup: VXX Jumps On Weak Equities, TVIX Plummets 30% In Odd Day Daily ETF Roundup: UNG Rises Ahead Of Storage Data, VXX Loses 50% For The Year Daily ETF Roundup: GDX Jumps, VXX Falters Despite Weak Equities Daily ETF Roundup: AMJ Bounces Higher, VXX Sinks Lower
As we kick off the final week of March, investors will have to dig for significant market-moving events in the coming trading days. Though the month has been packed with significant economic data, this week will be relatively slow save for a few U.S. reports. Fed Chairman Ben Bernanke spoke on Monday, commenting on the current economy and how we should expect to fare over the next few months. Bernanke noted that we are in a bit of a pickle, as the dramatic uptick in employment has not been matched by economic gains of the same magnitude, which could spell trouble in coming months. Part of keeping the economy going will be key economic indicators over the next few weeks, including a major report today [see also Does GLD Really Hold Gold, Or is it a Scam?]. U.S. Consumer Confidence is slated to hit markets today with analysts predicting a slight decrease to 70.0 [...]

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

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