ETF Insider: Bad Week To Be A Bear

The bulls came rushing back last week and equity indexes soared, bolstered by solid corporate earnings at home coupled with encouraging developments in the Euro zone. Investors were more than cheerful to see EU leaders take the first steps towards negotiating on a viable “rescue plan” to ensure stability in the financially fragile currency bloc. Confidence in the global economic recovery is slowly, but surely, improving and investors are gradually reallocating capital back into equities. Gold soared amidst the optimism, as inflation fears resurfaced following the announcement of the $1.4 trillion Euro zone “bailout”. Futures for the precious metal hit a fresh multi-week high of $1,754 an ounce early Friday morning and settled just a few dollars lower to close out the week. Actionable ETF Trade Ideas Last Week’s Actionable ETF Ideas Ticker Position Performance CORN Long +0% TUR Long +7.8% DBB Long +1.7% Our picks from Monday’s Insider fared [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Two Steps Forward, One Step Back ETF Insider: Bulls In Drivers Seat New Pharma ETN (DRGS) Hits The Market Forget BRIC ETFs: Look To VISTA Nations For Better Opportunities Daily ETF Roundup: DBB Continues Slide On Copper Weakness, IYT Jumps On UNP Earnings