In case you missed it, here’s a summary of the ETF topics and market reviews I posted to my blog during the week ending on 11/04/2012.
With the markets only being open for 3 days this past week, thanks to hurricane Sandy, we saw some aimless meandering as Thursday’s rally shifted into reverse on Friday and, as a result, the major indexes ended with only minor changes.
I don’t expect much market movement on Monday as all eyes will be focused on Tuesday’s election, which will hopefully be finally over by Tuesday night. Good thing, because I’ve been suffering from election fatigue for quite some time now.
Depending on the outcome, there may be a relief rally, but I think it will be short lived as reality is bound to set in with the debt ceiling standoff lurking, followed by the fiscal cliff issues and last not least the ever present and at times downright entertaining European debt crisis.
There is a good chance that some fireworks may go off way ahead of New Year’s Eve.
Over past week, we covered the following: