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Three ETFs To Watch This Week: PPH, REM, UNG

By: ETFdb
The past few weeks have seen a nice rally to start off the new year. With a number of encouraging earnings and data reports, stocks have been on a tear, with the S&P hitting 1,300 for the first time in several months. But last Friday’s GDP report, though representing strong growth, may have adverse effects on the recent rally. ”[GDP] was still a nice number, but short of expectations, and I think that that’s contributing to some of the market’s weakness,” said Thomas Wilson, senior investment manager at Brinker Capital. The coming week will try and shake off the lower than expected GDP with earnings from more bellwether U.S. firms. Below, we outline three ETFs to keep a close eye on as the week unfolds [see also The Ten Commandments of Commodity Investing]. Market Vectors Pharmaceutical ETF (PPH) Why PPH Will Be In Focus: This ETF was recently converted from its [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: UNG Surges On Production Cuts, UUP Falls On Lackluster GDP Daily ETF Roundup: UNG Jumps On Cold Weather, XHB Falls Despite Upbeat Housing Data Daily ETF Roundup: IYT Jumps As Confidence Improves, UNG Continues To Plunge Daily ETF Roundup: DBB Jumps On Upbeat Data, UNG Sinks On Warm Weather Daily ETF Roundup: VXX Surges On French Downgrade, UNG Stumbles On Natural Gas Outlook
The past few weeks have seen a nice rally to start off the new year. With a number of encouraging earnings and data reports, stocks have been on a tear, with the S&P hitting 1,300 for the first time in several months. But last Friday’s GDP report, though representing strong growth, may have adverse effects on the recent rally. ”[GDP] was still a nice number, but short of expectations, and I think that that’s contributing to some of the market’s weakness,” said Thomas Wilson, senior investment manager at Brinker Capital. The coming week will try and shake off the lower than expected GDP with earnings from more bellwether U.S. firms. Below, we outline three ETFs to keep a close eye on as the week unfolds [see also The Ten Commandments of Commodity Investing]. Market Vectors Pharmaceutical ETF (PPH) Why PPH Will Be In Focus: This ETF was recently converted from its [...]

Click here to read the original article on ETFdb.com.

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