January 29, 2013 at 04:00 AM EST
Tuesday’s ETF Chart To Watch: Dow Jones U.S. Home Construction Index Fund (ITB)
Equity markets ended the first trading session of the week on a mixed note as the first signs of bullish momentum waning surfaced. Caterpillar’s upbeat earnings results and expectations for “better growth” in the second half of 2013 went largely unnoticed alongside durable goods orders data, which showed growth of 4.6% versus the expected 2.3%. Instead, investors found a reason to take profits after the latest pending home sales report came in worse than expected; this figure declined by 4.3%, versus last month’s figure, which showed an increase of 1.6% [Download 101 ETF Lessons Every Financial Advisor Should Learn]. Homebuilders stocks will be in the spotlight later today as investors look to see whether the latest Case-Shiller price data supports the ongoing rally in this sector. As such, the iShares Dow Jones U.S. Home Construction Index Fund may see an uptick in trading volumes after the opening bell; investors will look for the Case-Shiller [...] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
Equity markets ended the first trading session of the week on a mixed note as the first signs of bullish momentum waning surfaced. Caterpillar’s upbeat earnings results and expectations for “better growth” in the second half of 2013 went largely unnoticed alongside durable goods orders data, which showed growth of 4.6% versus the expected 2.3%. Instead, investors found a reason to take profits after the latest pending home sales report came in worse than expected; this figure declined by 4.3%, versus last month’s figure, which showed an increase of 1.6% [Download 101 ETF Lessons Every Financial Advisor Should Learn]. Homebuilders stocks will be in the spotlight later today as investors look to see whether the latest Case-Shiller price data supports the ongoing rally in this sector. As such, the iShares Dow Jones U.S. Home Construction Index Fund may see an uptick in trading volumes after the opening bell; investors will look for the Case-Shiller [...]

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

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