ETF Insider: Earnings Jitters Are Back

By: ETFdb
Equity markets opened lower on Monday morning as investors fretted over rising yields on Spanish bonds, further intensifying uncertainties over the already fragile currency bloc. Profit taking pressures on the home front were also fueled by anticipation of corporate earnings season which kicks off after the closing bell today with performance results from aluminum giant Alcoa. Corporate earnings will likely receive a great amount of attention and scrutiny, as investors look for encouraging data that trumps last Friday’s dismal employment report [see also July Edition Of ETF Edge Now Available]. Weekly Outlook Below, we highlight ETFs that may see an increase in trading activity as relevant market data is released and evaluated by investors: Aluminum ETF (ALUM): Alcoa’s results on Monday after the bell could lead to a gap at Tuesday’s open for ALUM as this ETF tracks the performance of the largest companies in the aluminum industry. Analysts are expecting for Alcoa to deliver $5.81 billion in [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Cautiously Bullish At Home ETF Insider: Was The Greek Bailout Priced In? Five ETFs In Focus Ahead Of The State Of The Union Address Mid Day Roundup: Markets Drift Higher On Mixed Data ETF Insider: Will The Bears Crash Earnings Season?
Equity markets opened lower on Monday morning as investors fretted over rising yields on Spanish bonds, further intensifying uncertainties over the already fragile currency bloc. Profit taking pressures on the home front were also fueled by anticipation of corporate earnings season which kicks off after the closing bell today with performance results from aluminum giant Alcoa. Corporate earnings will likely receive a great amount of attention and scrutiny, as investors look for encouraging data that trumps last Friday’s dismal employment report [see also July Edition Of ETF Edge Now Available]. Weekly Outlook Below, we highlight ETFs that may see an increase in trading activity as relevant market data is released and evaluated by investors: Aluminum ETF (ALUM): Alcoa’s results on Monday after the bell could lead to a gap at Tuesday’s open for ALUM as this ETF tracks the performance of the largest companies in the aluminum industry. Analysts are expecting for Alcoa to deliver $5.81 billion in [...]

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

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