ETF Insider: Bull Train Stops At Resistance

By: ETFdb
The low volume trading environment made it easy for the bulls to continue their winning streak despite a string of mixed economic data releases. Although U.S. retail sales trumped expectations, another sluggish GDP report from the eurozone kept the lid on investors’ confidence. The summer slowdown on Wall Street may have seen its laziest days, however, as next week will feature a number of important releases including Fed minutes and July durable goods orders [see also 3 Commodities To Best With Buffett]. Actionable ETF Trade Ideas Last Week’s Actionable ETF Ideas Ticker Position Week Performance XRT Long +2.5% OFF Long -1.9% FXE Long -0.1% Our picks from Monday’s Insider posted solid results as profits from our winning trade overshadowed our two losing recommendations. Below, we highlight how our trade ideas fared during the week [sign up for a free trial of ETFdb Pro to get actionable ETF ideas every Monday, as well as [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Flirting With Resistance Is A Risky Game ETF Insider: Opportunities In A Pullback ETF Insider: Beware Of Lingering Euro Fears ETF Insider: Stay On The Defense ETF Insider: Expect More Volatility
The low volume trading environment made it easy for the bulls to continue their winning streak despite a string of mixed economic data releases. Although U.S. retail sales trumped expectations, another sluggish GDP report from the eurozone kept the lid on investors’ confidence. The summer slowdown on Wall Street may have seen its laziest days, however, as next week will feature a number of important releases including Fed minutes and July durable goods orders [see also 3 Commodities To Best With Buffett]. Actionable ETF Trade Ideas Last Week’s Actionable ETF Ideas Ticker Position Week Performance XRT Long +2.5% OFF Long -1.9% FXE Long -0.1% Our picks from Monday’s Insider posted solid results as profits from our winning trade overshadowed our two losing recommendations. Below, we highlight how our trade ideas fared during the week [sign up for a free trial of ETFdb Pro to get actionable ETF ideas every Monday, as well as [...]

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

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