ETF Insider: Buying Oppurtunities After Panic Selling

By: ETFdb
Weekly Recap Last week proved to be quite bumpy for investors, as asset classes from stocks to commodities–and everything in between–swayed between gains and losses for the last several trading days on Wall Street. Volatility was abundant across all markets and domestic equity indexes ended the week relatively flat, much like crude oil and silver futures. Gold, on the other hand, manged to stage a comeback and assert its appeal as a safe-haven asset class, ending the week higher and closing at $1,513 an ounce. Despite the weak performance of equities for much of the week, the U.S. dollar failed to gain ground versus major currencies, perhaps suggesting that this weeks losses were merely a sign of profit-taking versus a more meaningful shift in fundamentals. Weekly Outlook The coming week features a number of key earnings reports, bank meetings, and political events that should give markets direction as May winds [...] Click here to read the original article on Related Posts: World Cup Of ETFs: Plays On All 32 Countries Why The European Bailout Is Just Postponing The Inevitable Cinco De Mayo Special: Small Cap Mexico ETF (MEXS) Begins Trading Daily ETF Roundup: JJC Sinks, UUP Trends Higher Daily ETF Roundup: UUP Tumbles, JJC Continues Higher
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