ETFdb Analyst Picks: Optimism Fuels Rebound

And just like that domestic equities have recovered their post-election losses. Following Obama’s re-election investors and media headlines focused their attention on the lingering “fiscal cliff”, sparked a rapid sell-off. A little over a month has passed and politicians are still gridlocked in Washington D.C., and while the “fiscal cliff” is that much closer, stocks have managed to discount the lack of a fundamental improvement and rebound higher. Improving employment data and solid GDP have certainly served as positive catalysts over the past month, however, it’s fair to say that optimism has largely driven markets higher on the hopes that our policymakers will strike a deal before we drive off the cliff [see Free 7 Simple & Cheap All-ETF Portfolios]. Analyst Recommendations Below, we highlight how the ETFdb Analyst Picks have been performing, noting any important fundamental catalysts while also keeping an eye on key technical levels for our recommendations. As always, [...] Click here to read the original article on ETFdb.com. Related Posts: ETFdb Analyst Picks: Fiscal Cliff Woes Are Here To Stay ETFdb Analyst Picks: Buy On This Dip With Caution ETF Insider: Flat And Thin ETF Insider: Bulls Look To Data Before Resuming Rally AdvisorShares Rolls Out SectorSAM ETF (SSAM)