Entering text into the input field will update the search result below

Weekly ETF Rewind: Bulls Take What They Can Get

May 30, 2010 12:48 AM ETSPY, DIA, QQQ, IWM, EFA, EEM, XLB, XLI, XLE, XLU, IYT, XLP, XLY, XLK, XLV, XLF, IYR, PWB, PWV, DBC, DBP, DBE, DBA, TLT, UUP, XMMO, XMVM, XSMO, XSVM
ETF Prophet profile picture
ETF Prophet
688 Followers

By Jeff Pietsch

In a small triumph over another week of noisy trade, the S&P 500 (SPY) was able to recuperate a fractional gain of +0.2%. Not much consolation after the -7.9% draw-down on the month, but I suspect bulls will take what they can get.

(Click Image to Enlarge/ ETF Rewind Glossary)

After the late day sell off Friday and with the market in short-term neutral territory, perhaps next week will add to the repairs on the right news flow. Holiday shortened Week Twenty-Two of 2010 features the following busy economic and reporting calendars, including a Friday Jobs Report:

I hope you have a terrific long weekend! (Click to enlarge)


Disclaimer: Never Investment Advice

This article was written by

ETF Prophet profile picture
688 Followers
ETF Prophet is a unique group of seven active traders providing daily stock market and ETF commentary using technical, quantitative & fundamental analysis.

Recommended For You

Related Stocks

SymbolLast Price% Chg
SPY--
SPDR® S&P 500 ETF Trust
DIA--
SPDR® Dow Jones Industrial Average ETF Trust
QQQ--
Invesco QQQ Trust ETF
IWM--
iShares Russell 2000 ETF
EFA--
iShares MSCI EAFE ETF

Related Analysis