This time of year is when many choose to reflect on what they have done over the last 12 months, and what they hope to achieve in a new year. Here at ETFdb we are doing the same, by looking back at our 12 Rapid Fire ETF Ideas For 2012 and what we expected from the year compared to what happened. Make sure to check back tomorrow for our predictions for 2013 [for more ETF ideas, sign up for the free ETFdb newsletter]:
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Optimism appears to be the only catalyst behind the ongoing run-up on Wall Street for the last few weeks as policymakers have yet to agree upon a clear-cut deal for averting the “fiscal cliff”. Hope continues to fuel buying on the equity front, although caution should be exercised as any pessimistic headlines can easily derail [...]
Stocks kicked off the week with an early pop as Treasury Secretary Geithner’s prediction that Republicans would budge on the issue of higher tax rates for the wealthiest of Americans inspired confidence that the much-feared “fiscal cliff” could be avoided. Clouds of uncertainty continue to loom over the global manufacturing sector as mixed data took [...]
QE3 arrived last week and investors expressed their approval of the Fed’s decision to enact another round of stimulus as markets rallied higher across the board. Although news of quantitative easing was well received on Wall Street, it’s really a double-edged sword because it implies that the Fed is more or less worried about the sluggish recovery at home, [...]
Major equity indexes kept afloat near historical highs last week although stocks ultimately failed to make a run higher despite Friday’s rally. Profit taking pressures prevailed throughout much of the week as resurfacing worries over an economic slow down in the debt-burdened European currency bloc reminded investors of looming threats. At home, investors reacted rather [...]
When it comes to diversifying your portfolio, many investors often overlook the dynamic economy of our Northern neighbor. Canada is home to one of the most commodity-intensive developed economies in the world, and its large natural gas and oil reserves make it one of the few net exporters of energy outside of South America or the [...]
Better-than-expected payrolls data brought back the bulls to end yet another choppy week on a high note. With no major economic data releases due out this week on the home front, investors will surely refocus their sights on European headlines. After investors were let down last week following the ECB’s failure to introduce new initiatives [...]
Stocks ended on a positive note last week although Friday’s rally wasn’t enough to mask the looming uncertainties still plaguing virtually every corner of the global market. Asian markets remain wobbly on concerns over the Chinese economic recovery, while in Europe bond yields remain elevated as investors await for lawmakers to implement the Spanish rescue package. At [...]
After a week of worse-than-expected economic reports and ongoing tensions over Europe’s financial hopes, investors are looking ahead to this week’s FOMC meeting in hopes of a stimulus announcement. Elections in Greece have restored a bit of confidence nonetheless as early results over the weekend show the pro-austerity party in the lead. Despite this encouraging development, investors [...]
Stock markets headed south last week as uncertainty over the political situation in Greece led many investors to question the health of the fragile currency bloc as a whole. Amidst the flurry of volatile trading on Wall Street, profit taking pressures also spread to commodities; futures prices for gold and oil both traded lower, settling [...]
U.S. stocks staged an impressive recovery last week as major indexes held above key technical resistance levels, 1,360 for the S&P 500 Index, bolstered by upbeat earnings results. Investors also reacted positively following the latest FOMC announcement which reaffirmed the Fed’s commitment to keeping interest rates low until late 2014. Confidence in the domestic recovery is growing judging from the [...]
