For ETFs, the Sun’ll Come Out…Eventually

January 22, 2008 at 11:00 am by Tom Lydon      Bookmark and Share

Annie The question on everyone’s mind is: just what is it going to take to give markets and exchange traded funds (ETFs) the kick they need to start moving in a positive direction?

Experts are increasingly reaching the same conclusion: time, reports Madlen Read for the Associated Press. The fact it, nothing anyone can say or do will be able to soothe the nation’s anxiety in the next few weeks.

  • There’s good news for bargain hunters, who may see the recent drops as buying opportunities.
  • Positive financial news from some large, multinational companies could lead to a few rallies. But the gains might evaporate just as quickly.
  • Until all fourth-quarter results are in, many investors will continue to have too many questions to buy with confidence.
  • This week, there will be some announcements: a report on December sales of existing homes, jobless claims and more earnings reports from banks.
  • One strategist predicts that by the end of the first quarter, perhaps the market will find a little stability.
Share this post:
  • E-mail this story to a friend!
  • Yahoo! Buzz
  • Digg
  • del.icio.us
  • Tipd
  • Reddit
  • StumbleUpon
  • Facebook
  • Technorati
  • Google Bookmarks
  • TwitThis

Tags:

Subscribe to Our Daily E-mail Newsletter

Enter your e-mail address below to sign up for our daily e-mail newsletter, the Daily Market Update. We will never share your e-mail address with third parties.

Subscribe to Our RSS Feed

Click here to subscribe to our RSS feed

blog comments powered by Disqus

Recent TV Appearances

iMoney

ETF Trends' new book iMoney is now available. Click here for details. Or order online from one of these bookstores:
Amazon        Amazon