Skip to main content

ETF Insider: Bearish Pressures Mounting

By: ETFdb
As the bull parade continues on Wall Street, bearish pressures are mounting right around the corner with major equity indexes sitting on hefty gains since the new year began. After muted activity last week, economic data releases return to the home front this week alongside more earnings results from industry bellwethers, including Goldman Sachs, Ebay, and General Electric. Pessimistic commentary from U.S. multinational large caps is likely to encourage profit taking, however, from a technical perspective any pullback presents a buying opportunity [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: Market Vectors Retail ETF : With U.S. retail sales slated to hit the street on Tuesday morning, the domestic sector will come under the spotlight and RTH could see an uptick in trading activity. Analysts are expecting for this figure to show growth [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Support Levels In Sight Mining Boom ETFdb Portfolio Now Available ETF Insider: Set Your Stops And Targets Tight 101 ETF Lessons Every Financial Advisor Should Learn ETF Insider: Do Fundamentals Justify The Wall Street Rally?
As the bull parade continues on Wall Street, bearish pressures are mounting right around the corner with major equity indexes sitting on hefty gains since the new year began. After muted activity last week, economic data releases return to the home front this week alongside more earnings results from industry bellwethers, including Goldman Sachs, Ebay, and General Electric. Pessimistic commentary from U.S. multinational large caps is likely to encourage profit taking, however, from a technical perspective any pullback presents a buying opportunity [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: Market Vectors Retail ETF : With U.S. retail sales slated to hit the street on Tuesday morning, the domestic sector will come under the spotlight and RTH could see an uptick in trading activity. Analysts are expecting for this figure to show growth [...]

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

Related Posts:

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.