Financial News

Best and Worst Sector ETFs of 2013

By: ETFdb
This year shaped up to be quite kind to investors, as bullish forces prevailed despite a number of bumps in the road. 2013 started off with a bang as investors rejoiced over the fact that politicians on Capitol Hill steered the nation away from the much-feared fiscal cliff. The rally on Wall Street persisted for nearly five months without a major pullback. At the end of May, however, the Federal Reserve threw a wrench into the mix when it hinted at potentially starting to scale back its monthly bond-repurchases, inevitably triggering a correction as investors were reminded that stimulus measures will eventually stop and interest rates will rise [for more ETF news and analysis, sign up for the free ETFdb newsletter]. Nonetheless, bullish momentum was quick to return to Wall Street as bargain shoppers stepped in after the pullback, bolstering major equity indexes into previously uncharted territory for the rest of [...] Click here to read the original article on ETFdb.com. Related Posts: E*TRADE Joins Commission Free ETF Party Brazil ETFs: Nine Ways To Play July ETF Roundup: Launches and Filings ETF Insider: New Highs & Lows October 5th Edition 7 Emerging Market ETFs Crushing It In 2013 Is it Time to Sell? With the market set to the end the year at all-time highs, it seems that many are eager to ring alarm bells. Before you start stuffing cash under your mattress, you should read Bernie Schaeffer's new 2014 Market Forecast - yours FREE. Discover two explosive stocks on the rise, which sector is primed to breakout, and the three crucial technical levels to watch. Download FREE today!
This year shaped up to be quite kind to investors, as bullish forces prevailed despite a number of bumps in the road. 2013 started off with a bang as investors rejoiced over the fact that politicians on Capitol Hill steered the nation away from the much-feared fiscal cliff. The rally on Wall Street persisted for nearly five months without a major pullback. At the end of May, however, the Federal Reserve threw a wrench into the mix when it hinted at potentially starting to scale back its monthly bond-repurchases, inevitably triggering a correction as investors were reminded that stimulus measures will eventually stop and interest rates will rise [for more ETF news and analysis, sign up for the free ETFdb newsletter]. Nonetheless, bullish momentum was quick to return to Wall Street as bargain shoppers stepped in after the pullback, bolstering major equity indexes into previously uncharted territory for the rest of [...]

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

Related Posts:

Is it Time to Sell?

With the market set to the end the year at all-time highs, it seems that many are eager to ring alarm bells. Before you start stuffing cash under your mattress, you should read Bernie Schaeffer's new 2014 Market Forecast - yours FREE.

Discover two explosive stocks on the rise, which sector is primed to breakout, and the three crucial technical levels to watch.

Download FREE today!

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