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David Fry
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David Fry writes a subscription newsletter focused on technical analysis of exchange-traded funds, called ETF Digest (www.etfdigest.com). Dave founded the ETF Digest in 2001 and was among the very first to see the need for a publication that provided individual investors with information and... More
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ETF Digest
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Dave's Daily
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Create Your Own ETF Hedge Fund, a DIY ETF Strategy for Private Wealth Management.
  • INVESTORS FLEE MARKETS 0 comments
    Jul 29, 2011 6:25 PM | about stocks: SPY, IWM, QQQ, IEF, UUP, FXF, FXY, GLD

    openingimage

    We’re in an “event risk” market environment. These are never easy to trade or position. I would wager many institutions and individuals are trying to find protection in whatever instrument they can find and/or are permitted to use. According to Lipper investors pulled a net $32.2 billion from mutual funds—including ETFs—for the week ended July 27. This continues the previous trend. Further investors loss of confidence in the U.S. is increasing by the moment.

     

    There wasn’t an attempt at end-of-month window dressing as conditions made this futile.

    ..READ MORE

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    Stocks: SPY, IWM, QQQ, IEF, UUP, FXF, FXY, GLD
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