Cold Turkey For Europe

by on November 23, 2011 | ETFs Mentioned:

Investors can’t seem to catch a break this week as sentiment continues to sway from fearful to hopeful, paving the way for profit taking and choppy trading across all markets. The spotlight remains fixated on the debt burdened Euro zone and investors worries continue to overshadow the encouraging economic data releases at home. Positive news on the home front this weeks includes better-than-expected existing home sales, increase in personal income, as well as surprise to the upside in durable goods orders. Nonetheless, uncertainty surrounding the supercommittee negotiations is still weighting down on investor’s confidence on Wall Street, and debt woes from the other side of the Atlantic aren’t exactly helping.

Checking In: Trading Ideas

This week, our technical trading ideas included a short recommendation in a emerging country fund as well as long recommendations in a domestic sector and Treasury ETF. Below, we highlight how our trade recommendations from Monday’s Insider have been holding up this week:

Trading Idea #1: Short EPU

Pro Membership Required to Continue Reading ETFdb Pro

To continue reading this article, you must be an ETFdb Pro member. Please login or begin your 14-day free trial to continue reading. There are several benefits to becoming an ETFdb Pro member today:
  • Register on ETFdbAccess to 50+ All-ETF model portfolios. Whether you're a long-term, buy-and-hold investor or a more active trader looking to establish a tactical position, our collection of ETFdb Portfolios has something for everyone.
  • ETFdb Realtime Ratings show you exactly where each fund stacks up next to the competition. Get objective, in-depth, custom research on every ETF.
  • Pro members have Unlimited Excel Download capabilities across the entire database; users can easily download more than 200 data filled paged and also export results to Microsoft Excel from every tool.
  • Get ETF Picks of the Month. For active investors seeking ETF investment ideas, our team analyzes technical and fundamental price drivers of more than 1,400 ETFs to identify both short and longer-term opportunities with a focus on absolute returns. Recommendations are actionable investment ideas that are poised for outperformance over the next week to 90 days.

Begin Your Free 14-Day Trial Now