The bulls came back on Monday with ferocity as last week’s steep pullback has left the market scattered with ripe opportunities, although a stomach for risk is most certainly still required. Optimism reigned supreme on Wall Street as investors cheered on Obama’s confidence that the fiscal cliff would be averted. Positive data also added fuel to the rally as existing home sales came in at 4.79 million, marking another healthy increase from last month’s figure of 4.69 million [Download 101 ETF Lessons Every Financial Advisor Should Learn]. With no major data releases on the homefront today, besides housing starts from October, investors will be turning their attention to the iShares MSCI Japan Index Fund , which may gap at the opening bell following the overnight reaction to the Bank of Japan rate decision. Analysts are largely expecting for the BOJ to keep rates unchanged at 0.10%, although the economic commentary issued after the decision itself may help [...] Click here to read the original article on ETFdb.com. Related Posts: 3 ETFs To Watch This Week: EWJ, FXB, RTH Least Correlated Country ETFs To S&P 500 3 ETFs To Watch This Week: EWJ, GERJ, EU 3 ETFs To Watch This Week: PMR, EWJ, GERJ 3 ETFs To Watch This Week: EWG, ENZL, EWJ
The bulls came back on Monday with ferocity as last week’s steep pullback has left the market scattered with ripe opportunities, although a stomach for risk is most certainly still required. Optimism reigned supreme on Wall Street as investors cheered on Obama’s confidence that the fiscal cliff would be averted. Positive data also added fuel to the rally as existing home sales came in at 4.79 million, marking another healthy increase from last month’s figure of 4.69 million [Download 101 ETF Lessons Every Financial Advisor Should Learn]. With no major data releases on the homefront today, besides housing starts from October, investors will be turning their attention to the iShares MSCI Japan Index Fund , which may gap at the opening bell following the overnight reaction to the Bank of Japan rate decision. Analysts are largely expecting for the BOJ to keep rates unchanged at 0.10%, although the economic commentary issued after the decision itself may help [...]
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