ETF Insider: Bulls Look To Data Before Resuming Rally

Major equity indexes kept afloat near historical highs last week although stocks ultimately failed to make a run higher despite Friday’s rally. Profit taking pressures prevailed throughout much of the week as resurfacing worries over an economic slow down in the debt-burdened European currency bloc reminded investors of looming threats. At home, investors reacted rather bearishly after the FOMC minutes, which hinted at more stimulus to come. Markets should see more trading activity this week as several key reports are expected to hit the street ahead of the extended upcoming holiday weekend [see also ETF Technical Trading FAQ]. Weekly Outlook Below, we highlight ETFs that may see an increase in trading activity as relevant market data is released and evaluated by investors: iShares Dow Jones U.S. Home Construction Index Fund (ITB): This ETF will come in and out of the spotlight throughout the week as housing data makes the headlines. Investors [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Momentum Hinges On ECB Hopes 17 ETFs For Day Traders ETF Insider: Beware Of Bargain Shopping ETF Insider: Opportunities In A Pullback ETF Insider: Can Earnings Trump Euro Drama?