“If you’ve kept an eye on the progress of the economic recovery, then you have seen the recent string of positive data regarding the U.S. consumer and the retail sector. Most recently, the Read more…
XRT
“At the Academy Awards Sunday night, the movie industry’s best and brightest celebrated the finest Hollywood performances in 2009. The media sector, which includes the film industry, has reason Read more…
DIA, PBS, QQQQ
“Investors holding the Market Vectors Russia (RSX) should consider selling out of their positions now. The fund faces challenges in both the short and long term. Aided by heavy energy demand from nations Read more…
ETF BASIC NEWS, RSX
Gold fell to its lowest in more than three months on Friday, ending the week 2 percent lower, as economic uncertainties led to heavy selling in gold and other investments perceived as riskier Read more…
ETF BASIC NEWS, GLD
“The ETFs for China may get a boost as their chief economist makes strong claims regarding their V-shaped recovery. Keep your eyes on iShares FTSE/Xinhua China 25 Index (ETF) Read more…
FXI, HAO
Ups and downs on financial markets were plentiful during the past week, but investor sentiment, on balance, brightened on the back of constructive financial and economic data – capped by a better-than-expected US non-farm payrolls report on Friday. “It appears that the global economy has finally found the ripcord,” said Rebecca Wilder (News N Economics) in her weekly review of global economic reports.
“The global economic reports are becoming saturated with signs of forming a bottom. Auto sales in Japan and the US are improving somewhat; exports are dangling in the double-digit loss rates; and GDP really couldn’t get much worse (the inventory cycle alone will create some growth). Finally, money growth rates are slowing, perhaps an indication that policymakers feel that the worst is behind us,” she commented. Read more…
DOG, KOL, PIN, QQQ, QQQQ, RWM, TAN, USL
Most Comments