ETF Insider: Bears Win The Election

Just as many had anticipated, this trading week turned out to be nothing short of a roller coaster ride. Stocks kicked off trading on a positive note, leading many to believe that election results would further boost markets as uncertainty faded away. Following Obama’s re-election, however, the bears came back to Wall Street, sparking a broad-based wave of profit-taking, and ultimately sinking major indexes into deep red territory as the week drew to a close [see Free 7 Simple & Cheap All-ETF Model Portfolios].   Actionable ETF Trade Ideas Last Week’s Actionable ETF Ideas Ticker Position Week Performance XLE Long -1.3% IBB Long -1.5% LQD Long -0.6% Our picks from Monday’s Insider posted disappointing performance results as profit-taking pressures in the second half of the week proved too strong for the bulls to overcome. Below, we highlight how our trade ideas fared during the week [sign up for a free trial of ETFdb Pro [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Stocks Await Guidance From Election, Bank Rate Decisions 101 ETF Lessons Every Financial Advisor Should Learn ETF Insider: Pessimism Prevails ETF Insider: Euro Fears Overshadow Domestic Recovery ETF Insider: Expect More Volatility