Benzinga.com
0
All posts from Benzinga.com
Benzinga.com in Benzinga.com,

ETF Week Ahead Preview: Proving Them Right...Or Wrong

Get more expert commentary and daily trading ideas with our Benzinga Professional news and data platform. Find out how you can get exclusive, member-only access today with this deal.

iShares MSCI Emerging Index Fund ETF ETF:EEM, Vanguard Emerging Markets ETF ETF:VWO - ETF Week Ahead Preview: Proving Them Right...Or Wrong

Despite a gloomy September jobs report, the bad news is good news mantra was back in play last Friday as all three major U.S. indexes finished the day with gains well in excess of one percent. However, traders and investors still face ample indecision with which to contend in the coming week.

Now that the fourth quarter has started, market participants can start bracing for third-quarter earnings reports. In the week ahead, there are a just a few marquee names report, but one earnings-related play from the world of exchange traded fund to be mindful of is the Consumer Discretionary Select SPDR XLY 1.43% because several of the companies stepping into the earnings confessional this week hail from the discretionary sector.

“Overall, corporate earnings are expected to fall by 4.1 percent, according to Thomson Reuters data. That...


More