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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
My company:
ETF Digest
My blog:
Dave's Daily
My book:
The Best ETFs: U.S. Equities (A Companion Guide To Building Your ETF Portfolio)
  • ETF Midweek Peek 0 comments
    Jan 19, 2012 4:27 PM | about stocks: TAN, SMH, TECS, ITB, IBB, UNG, FXI

    Another holiday week brought volume so low it's difficult to speak of the bulls in the plural. Nevertheless, the bull(s) continued the run with only minor setbacks on any bad news such as a widespread credit downgrade across Europe and some poor earnings reports.


    Wednesday's housing data was the red cape to encourage the charge. This morning's (Thursday) data was a mixed bag with slightly improved employment data, but housing starts took the wind out of the sails of yesterday's housing data. CPI was basically flat and the Philly Fed was irrelevant on the ridiculous reports and revisions.

     
    Stocks: TAN, SMH, TECS, ITB, IBB, UNG, FXI
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