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3 ETFs To Watch This Week: XLI, XLY, GLD

GLD XLY XLI

Linked by ETF Database ( track newsfeed | ignore newsfeed ) - January 28, 04:00AM from (feeds.etfdb.com)

Bullish momentum dominated Wall Street last week as major equity indexes rallied to multi-year highs. Better-than-expected earnings reports form DuPont (DD), Travelers (TRV), IBM (IBM) and Google (GOOG) helped bolster stocks, instilling a sense of earnings euphoria amongst investors. Tech heavy-hitter Apple (AAPL), however, disappointed investors as the company reported revenues that fell short of expectations and iPhone sales that missed quarterly projections. Meanwhile in economic news, Americans filing new applications for jobless benefits fell to 330,000, the lowest level in five years. This week, investors will once again see a slew of economic and earnings reports. Below, we outline three ETFs that should see a fair amount of activity during the week ahead [see also 7 Simple & Cheap ETF Model Portfolio]: 1. Industrial Select Sector SPDR ETF Why XLI Will Be In Focus: This fund is one of the most popular on the market, with over $4.5 billion in assets and an average daily volume just over nine million. XLI seeks to ...

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