ETF Insider: High Hopes, Big Gains

Equity indexes finished the week in bright green territory thanks to a spectacular rally on Wednesday. Euphoria swept over equity markets all over the world last week after major central banks, including the Fed and the European Central Bank, collaborated to lower the cost of dollar funding in an effort to improve liquidity and restore confidence back in the markets. Investors saw the collective bank agreement as a key positive development, as lawmakers from around the globe demonstrated their commitment to maintain stability across financial markets. On the home front, U.S employment data surpassed analyst expectations, with the unemployment rate coming in at 8.6% versus the expected 9%. Gold ended the week higher alongside stocks, settling near $1,750 an ounce on Friday. Actionable ETF Trade Ideas Last Week’s Actionable ETF Ideas Ticker Position Performance XLV Long +5.4% TUR Long +5.2% PLW Long +0.3% Our picks from Monday’s Insider performed quite [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Can The Bulls Hold On? ETF Insider: Investors Shopping For Hope UBS Launches Risk On / Risk Off ETNs New ETF: Floating Rate Bond SPDR Back To Basics: 7 ETFs For Long-Term Investors