ETF Insider: Be Wary Of A Steeper Correction

And so it begins. Regarded by many as perhaps the most dismal month for the stock market, investors on Wall Street welcomed September with a sell-off. Aside from historical performance pointing to tumultuous trading in the weeks ahead, investors’ confidence remains plagued by the looming debt drama in Europe. Furthermore, political debates are heating up on the home front as the presidential election inches closer and closer, adding more to the growing clouds of uncertainty [see also ETF Technical Trading FAQ]. Weekly Outlook Below, we highlight ETFs that may see an increase in trading activity as relevant market data is released and evaluated by investors: IndexIQ Australia Small Cap ETF (KROO): This ETF could gap in either direction at Wednesday’s open depending on how markets react to the overnight Aussie GDP release. Analysts are expecting for economic growth to come in at 3.7% on a year-over-year basis versus the previous reading of 4.3%. Rydex [...] Click here to read the original article on ETFdb.com. Related Posts: World Cup Of ETFs: Plays On All 32 Countries 12 Rapid Fire ETF Ideas For 2012 ETF Insider: Volatility Is Still Lurking Six Noteworthy ETF Innovations ETF Insider: Picky Bulls, Broad Bears