Three ETFs To Watch This Week: XLF, SIL, INP

This past week wasn’t nearly as kind to investors as stocks moved modestly higher to start the week only to fall sharply in Friday trading, cancelling out all of the gains from earlier in the period. Much of this turmoil stemmed from geopolitical issues, namely oil’s continued rise and the budget battle in the halls of Congress. Prices for crude surged to well over $112/bbl. in Friday trading sending investors fleeing from equities across the board. Thanks to oil’s continued rise and the budget controversy, more investors piled into precious metals, namely gold and silver, as a way to protect some of their assets in the past week. Gold hit a fresh all-time record of over $1,460/oz. while silver continued its remarkable run, finishing the week ahead of the $40/oz. level for the first time in decades. This commodity strength put heavy pressure on equities and was one of the [...] Click here to read the original article on ETFdb.com. Related Posts: Earnings Season Kicks Off: ETF Winners And Losers Three ETFs To Watch This Week: XLF, UUP, VIS Friday’s ETF To Watch: KBE Dodd Unveils Reform Bill, Financial ETF (XLF) Yawns ETFs To Play Along With Soros, Paulson, and Fournier