ETF Insider: Rate Cuts Fail To Stir Optimism

Stocks kicked off the week to a strong start although profit-taking pressures swept over in the second half just as we warned investors in our Monday edition of ETF Insider. Interest rate cuts from the European Central Bank as well as China’s prompted a surprisingly bearish reaction in the markets; investors gave into selling pressures in the last two days of the week, perhaps suggesting that the most recent rate cuts were interpreted as signs that the global economy is in a much more dire situation than previously thought [see also How To Pick The Right ETF Every Time]. Actionable ETF Trade Ideas Last Week’s Actionable ETF Ideas Ticker Position Week Performance JJC Long -1.8% UUP Long +1.9% EZA Long +0.7% Our picks from Monday’s Insider fared well during another choppy trading week on Wall Street. Below, we highlight how our trade ideas held up during the week [sign up for a free trial [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Be Mindful Of Profit Taking ETF Insider: Buying Opportunities After Panic Selling Daily ETF Roundup: JJC Sinks, UUP Trends Higher Daily ETF Roundup: UUP Tumbles, JJC Continues Higher Daily ETF Roundup: JJC Heads Up, UUP Heads Down