June 04, 2011 at 07:00 AM EDT
ETF Insider: Looking Back On A Bloodbath
The last week started and ended with disappointment on the jobs front, as a stubbornly high unemployment took the wind out of the sails of what had been an impressive rally in recent weeks. Both private ADP payroll figures and the government report disappointed investors still looking for an uptick in jobs creation as affirmation of a sustainable recovery. This data pushed U.S. equity markets sharply lower on the week, though many international stocks climbed higher on more bullish outlooks beyond American borders. Recapping Our Actionable ETF Trade Ideas Last Week’s Actionable ETF Ideas Ticker Position Performance FSU Long -3.3% CEW Long +0.5% GLD Long +0.2% In this week’s first installment of ETF Insider, we laid out our three actionable investment ideas for this week based on technical indicators. In a week marked by steep declines, two of the ideas fared quite well–while the other fell flat as the expected [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Greedy In A Fearful Environment ETF Insider: Weak Dollar Creates Opportunities Guggenheim Launches Pair Of Active Bond ETFs Seven ETFs To Invest Like Peter Schiff Five Surprising Facts About The ETF Industry
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