Bullish sentiment permeated Wall Street yesterday as voters lined up to cast their ballot. All of the major indexes ended up in positive territory, surprising many who were expecting volatile trading ahead of the finish line to the presidential race. While optimism reigned supreme at home, overseas markets were also quite upbeat; Australian equities in particular staged a nice rally on the day after the nation’s central bank held rates steady at 3.25%, holding back from cutting the rate to 3.0% like many were anticipating [see also Vote For Obama Or Romney With These ETFs] With all eyes on the political front at home, our ETF to watch for the day is the State Street SPDR Gold Trust , which should see an uptick in trading activity as markets digest election results. Gold’s performance on the day may offer valuable insights as far as investors’ sentiment goes, however, recent political developments will [...] Click here to read the original article on ETFdb.com. Related Posts: Friday’s ETF Chart To Watch: SPDR Gold Trust (GLD) Ultimate Guide To Van Eck Market Vectors TR Gold Miners (GDX) ETF Insider: Sandy Rattles Wall Street Daily ETF Roundup: Stocks Pop After Data Wednesday’s ETF Chart To Watch: SPDR Gold Trust (GLD)
Bullish sentiment permeated Wall Street yesterday as voters lined up to cast their ballot. All of the major indexes ended up in positive territory, surprising many who were expecting volatile trading ahead of the finish line to the presidential race. While optimism reigned supreme at home, overseas markets were also quite upbeat; Australian equities in particular staged a nice rally on the day after the nation’s central bank held rates steady at 3.25%, holding back from cutting the rate to 3.0% like many were anticipating [see also Vote For Obama Or Romney With These ETFs] With all eyes on the political front at home, our ETF to watch for the day is the State Street SPDR Gold Trust , which should see an uptick in trading activity as markets digest election results. Gold’s performance on the day may offer valuable insights as far as investors’ sentiment goes, however, recent political developments will [...]
Click here to read the original article on ETFdb.com.
Related Posts:
