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ETF Insider: U.S. Bull Market Hits All-Time Highs

By: ETFdb
The bulls set a record this week on Wall Street as the S&P 500 Index hit all-time highs of 1,618 on Friday following the release of April’s upbeat jobs report. New buyers eagerly stepped in and helped carry major equity benchmarks past historical resistance levels as payroll data surpassed expectations and the unemployment rate ticked down to 7.5% [Download 101 ETF Lessons Every Financial Advisor Should Learn]. Actionable ETF Trade Ideas Our picks from Monday’s Insider posted great performance results because our cautiously bullish suspicions were well timed. Below, we highlight how our trade ideas fared during the week [sign up for a free trial of ETFdb Pro to get actionable ETF ideas every Monday, as well as access to more than 50 all-ETF model portfolios]. Last Week’s Actionable ETF Ideas Ticker Position Week Performance XLI Short -1.4% EWC Long +2.5% RSP Long +1.9% Trade #1 Short XLI: Down 1.4% This defensive recommendation [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Hedge Your Bullish Bets This Week ETF Insider: The Cliff Becomes Reality 3 ETFs To Watch This Week: VXX, XLI, EWC Three ETFs To Watch This Week: EWP, XLI, EWC ETF Insider: Buying Opportunities After Panic Selling
The bulls set a record this week on Wall Street as the S&P 500 Index hit all-time highs of 1,618 on Friday following the release of April’s upbeat jobs report. New buyers eagerly stepped in and helped carry major equity benchmarks past historical resistance levels as payroll data surpassed expectations and the unemployment rate ticked down to 7.5% [Download 101 ETF Lessons Every Financial Advisor Should Learn]. Actionable ETF Trade Ideas Our picks from Monday’s Insider posted great performance results because our cautiously bullish suspicions were well timed. Below, we highlight how our trade ideas fared during the week [sign up for a free trial of ETFdb Pro to get actionable ETF ideas every Monday, as well as access to more than 50 all-ETF model portfolios]. Last Week’s Actionable ETF Ideas Ticker Position Week Performance XLI Short -1.4% EWC Long +2.5% RSP Long +1.9% Trade #1 Short XLI: Down 1.4% This defensive recommendation [...]

Click here to read the original article on ETFdb.com.

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