November 26, 2012 at 13:31 PM EST
ETF Insider: Debt Drama Spoils Confidence
Holiday cheer sent markets soaring last week, although it appears that debt drama on both sides of the Atlantic Ocean has resurfaced and is once again plaguing investors’ confidence. Overseas, Greece is slated to receive support funds although the details of the aid plan have yet to be determined and policymakers and IMF officials continue to butt heads. The situation at home remains largely unchanged as well with Congress still undecided as to exactly how it will avert the much-feared “fiscal cliff” [see Free 7 Simple & Cheap All-ETF Portfolios]. Weekly Outlook Below, we highlight ETFs that may see an increase in trading activity as relevant market data is released and evaluated by investors: Industrial Select Sector SPDR : Domestic industrial stocks will come into the spotlight at the opening bell tomorrow as durable goods orders data hits the street. XLI may face headwinds if analyst estimates prove accurate, which are predicting for the [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Slick Picks For Year End Bulls ETF Insider: Bulls In Drivers Seat Charts Are Aligning For XLU ETF Insider: Pressure On Fed To Follow ETF Insider: Bulls Look To Data Before Resuming Rally
Holiday cheer sent markets soaring last week, although it appears that debt drama on both sides of the Atlantic Ocean has resurfaced and is once again plaguing investors’ confidence. Overseas, Greece is slated to receive support funds although the details of the aid plan have yet to be determined and policymakers and IMF officials continue to butt heads. The situation at home remains largely unchanged as well with Congress still undecided as to exactly how it will avert the much-feared “fiscal cliff” [see Free 7 Simple & Cheap All-ETF Portfolios]. Weekly Outlook Below, we highlight ETFs that may see an increase in trading activity as relevant market data is released and evaluated by investors: Industrial Select Sector SPDR : Domestic industrial stocks will come into the spotlight at the opening bell tomorrow as durable goods orders data hits the street. XLI may face headwinds if analyst estimates prove accurate, which are predicting for the [...]

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

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