ETF Insider: Hedge Your Bullish Bets This Week

Scattered signs of deteriorating fundamentals are leading us to take a cautiously bullish stance on the markets this week. Looking back, worse-than-expected durable goods orders and GDP data were quickly ignored by the equity bulls last week, which could set the scene for a steeper correction this week as long as earnings results can rattle investors’ confidence [see also How To Hedge With ETFs]. Weekly Outlook Below, we highlight ETFs that may see an increase in trading activity as relevant market data is released and evaluated by investors: CurrencyShares Canadian Dollar Trust : The Canadian loonie may be in for a wild trading session on Tuesday as investors react to Canada’s latest GDP report prior to Wall Street’s opening bell. Analysts are expecting the latest economic growth reading to come in at 1.3% versus the previous figure of 1.0%. Global X China Industrials ETF : Chinese equities will come into the spotlight at [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: The Cliff Becomes Reality ETF Insider: Weak Dollar Creates Opportunities 3 ETFs To Watch This Week: VXX, XLI, EWC ETF Insider: Momentum Hinges On ECB Hopes ETF Insider: Buying Opportunities After Panic Selling