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ETF Insider: Maybe The World Isn’t Ending

By: ETFdb
The last week was a busy one for investors; the combination of several major earnings reports and advancements in debt discussions on both sides of the Atlantic gave traders plenty to digest. Apple was once again the highlight; the company blew way past analyst expectations, pushing AAPL higher and giving a boost to many tech ETFs in the process. The past several days featured some welcome news from Washington as well, where lawmakers appeared to be on the path towards an ambitious deficit reduction package that would allow for an increase of the debt ceiling and presumably spare the AAA credit rating. Against this backdrop, most of the model ETF portfolios performed quite well, and the actionable ETF ideas for this week delivered some nice returns as well. Actionable ETF Trade Ideas Our picks from Monday’s Insider were fairly rewarding this week, with all three recommendations finishing in positive territory. [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Debt Woes Subdue Equities ETF Insider: Picky Bulls, Broad Bears UBS Debuts Internet IPO ETNs Low Cost ETFs: Complete List Of The Cheapest Exchange-Traded Funds Daily ETF Roundup: UNG Sinks On Weak EIA Report, XLF Soars On Strong Earnings
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