Bulls Back For Good?

by on October 5, 2011 | ETFs Mentioned:

Wall Street started the week on a fairly weak note as investor worries regarding the health of the Euro zoneĀ  resurfaced over the weekend. Equity indexes plunged further on Tuesday, although the bulls came charging to the rescue in the last hour of trading, sparking a strong, heavy-volume rally to end the trading session. Volatility looms in the background as investor confidence has not yet been fully restored thanks to European debt-woes dominating news headlines. Gold prices remain range-bound, although the precious metal is holding support above $1,600 an ounce and appears poised for a rebound in the coming days.

Checking In: Trading Ideas

This week, our technical trading ideas included long/short recommendations in two popular domestic sector funds, while our third fundamental pick focused on one of the best performing corners of the bond market this year. Below, we highlight how our trade recommendations from Monday’s Insider have been holding up this week:

Trading Idea #1: Short IYT

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