ETF Insider: U.S. GDP Welcomes Back Bulls

Equity markets took investors for a roller-coaster ride last week as ongoing threats from the eurozone collided with mixed economic data releases on the homefront. Rising yields on government bonds overseas prompted ECB president Mario Draghi to make a statement reassuring investors that lawmakers would do whatever it takes to ensure the financial stability, and unity, of the debt burdened currency bloc. At home, investors were hit with mixed corporate performance results and worse-than-expected readings from the housing market. To top it off however, U.S. GDP results on Friday helped to restore confidence and bolster major indexes into green territory for the week [see also The Most Profitable Months To Trade Gold]. Actionable ETF Trade Ideas Last Week’s Actionable ETF Ideas Ticker Position Week Performance ECH Long +0.5% THD Long +2.3% ELD Long +1.1% Our picks from Monday’s Insider posted robust results during a fairly tumultuous week on Wall Street that ended on a positive note. Below, we [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Run For The Hills Top Ten Equity ETFs Of 2010 Emerging Market ETFs: Seven Factors Every Investor Should Consider August ETF Data: Reversing Course Beyond the BRIC: Ten Country-Specific Emerging Markets ETFs