As earnings season begins to wrap up, stocks have yet to establish a decisive direction. Though this week saw the Dow close at its highest level in four years, most are still unsure as to where we are headed in the foreseeable future. Perhaps the most pressing issue will be the resolution, or lack thereof, of the European debt crisis. On the home front, some of the biggest questions on the minds of traders is a third quantitative easing program; the Fed has hinted at QE3 but also seems very reluctant to actually implement it. But after the recent miss in GDP, the U.S. economy may be losing steam to its long haul of a recovery [see also 12 High-Yielding Commodities For 2012]. Today will see focus shifted to the consumer sector, as Kraft Foods (KFT) will be reporting earnings. Kraft is a conglomerate that is home to some of [...] Click here to read the original article on ETFdb.com. Related Posts: Inside The Simple, Surprisingly Effective Dividend ETF Three ETFs To Watch This Week: PBJ, FXE, KROO ETFs To Invest In Food: Five Ways To Play Three ETFs To Watch This Week: FDN, FXY, PBJ Global X Debuts Fertilizer ETF (SOIL)
As earnings season begins to wrap up, stocks have yet to establish a decisive direction. Though this week saw the Dow close at its highest level in four years, most are still unsure as to where we are headed in the foreseeable future. Perhaps the most pressing issue will be the resolution, or lack thereof, of the European debt crisis. On the home front, some of the biggest questions on the minds of traders is a third quantitative easing program; the Fed has hinted at QE3 but also seems very reluctant to actually implement it. But after the recent miss in GDP, the U.S. economy may be losing steam to its long haul of a recovery [see also 12 High-Yielding Commodities For 2012]. Today will see focus shifted to the consumer sector, as Kraft Foods (KFT) will be reporting earnings. Kraft is a conglomerate that is home to some of [...]
Click here to read the original article on ETFdb.com.
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