ETF Insider: Bullish Abroad, Defensive At Home

Domestic equities were shaky last week to say the least, managing to rally on Thursday and immediately sell-off on Friday following a very dismal employment report. Gold emerged as the strongest asset class, while crude oil futures fluctuated wildly much like equity markets across the globe. Earnings season officially starts this week and we are cautiously optimistic that companies will surpass market expectations, although a strengthening dollar could create headwinds. Our trade recommendations for this week are geared towards international exposure and one of our picks is very appealing from both a technical and fundamental perspective, making it a potentially attractive tactical tool for traders. Weekly Outlook The coming week will be anything but sparse of headlines as investors keep a close eye on the markets once Alcoa Inc. kicks off earnings season after the market closes on Monday. Corporate earnings will be the central focus in the next coming [...] Click here to read the original article on ETFdb.com. Related Posts: May ETFdb Category Kings: Best Performing ETFs ETF Insider: Looking Overseas For Opportunities ETF Insider: Prudent Buying After Panic Selling Reviewing All The VIX ETF Options Are We Out Of ETF Ideas? Not By A Long Shot