Trimming our energy ETF position (XLE), comments on GLD, IEF, EWA, EWC, EWP, EWW, FXI and PGJ

Down, up, down, up, down, up…movement continues, writes David Fry, founder and publisher of The ETF Digest. Clearly the down days have been more impressive. Today’s modest up-day was tepid and volume  continued summertime light. Yesterday the market was rattled by “old news