ETF Insider: Euphoria Simmers After Mixed Data

Equity markets oscillated between minor gains and losses throughout most of the week as profit taking pressures were abundant after investors digested a number of mixed economic data releases. Investors were frustrated with reports from the housing market which showed that the real estate market recovery is still sluggish at best. Consumer-confidence and durable goods orders data also missed analyst expectations. Nonetheless, investors on Wall Street ended the week on a positive note after consumer sentiment and spending data both surpassed analyst expectations on Friday. Actionable ETF Trade Ideas Last Week’s Actionable ETF Ideas Ticker Position Performance GXC Long -1.3% EMB Long +0.1% DBA Long -1.4% Our picks from Monday’s Insider posted a disappointing performance as our equity and commodity positions turned sour, leaving only our fixed income trade in green territory. Below, we highlight how our trade ideas fared during the week [sign up for a free trial of ETFdb Pro to get actionable [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Do Fundamentals Justify The Wall Street Rally? When Bigger Isn’t Better: Profiling ETF Alternatives To DJP, FXI, GLD ETF Tax Tutorial: Complete List Of ETFs That Issue A K-1 Daily ETF Roundup: VXX Surprisingly Pops, DBA Slips Lower Bond ETFs For Every Objective