Wednesday’s ETF Chart To Watch: Global X Aluminum ETF (ALUM)

Equity markets turned south on Tuesday as pre-earnings jitters coupled with resurfacing Euro zone debt woes paved the way for selling pressures. Stocks in the overseas currency bloc plunged as Spanish and Italian government bond yields surged, reminding investors of the looming debt drama. Amidst the volatility on Wall Street, demand for safe haven assets climbed, bolstering gold higher; futures prices for the precious yellow metal jumped over a full percentage point on the day, settling near $1,660 an ounce as the trading session drew to a close [see Free Report: Everything You Need To Know About Commodity ETFs]. With no major economic data releases, investors will turn their attention to corporate earnings season which kicked off yesterday after the closing bell with Alcoa (AA). Investors will react to the latest quarterly performance results from the leading aluminium producer, which makes the Global X Aluminum ETF (ALUM) our chart to watch for [...] Click here to read the original article on ETFdb.com. Related Posts: Three ETFs To Watch This Week: ALUM, FXE, FXI ETF Closures Continue: Global X To Shutter Eight Funds E*TRADE Joins Commission Free ETF Party Global X Debuts First Greece ETF (GREK) Three ETFs To Watch This Week: FXI, FDN, ALUM