Although September has historically been one of the weakest months of the year for U.S. equities, markets this aside trend in recent weeks and have kept up an impressive rally. The S&P 500 got off to a good start in Monday trading only to stay rangebound over the next day before investors digested the Federal Reserve's policy meeting. Chairman Ben S. Bernanke gave a temporary boost to markets in late Tuesday trading when he stated that the Fed was prepared to step in to help boost markets if the economy and unemployment situations do not improve. Many took this a sign that the economy was likely to struggle for the foreseeable future, which helped fuel a modest selloff Thursday. Markets then soared by more than 2% on Friday to finish the week ahead by a similar amount. Weakness popped up in the financial sector, while a broad swath of the technology and consumer services sectors powered last week's gains for the stock market, setting the stage for the final week of the month.Here in the last week of September, the number of market-moving data points has slowed to a trickle; no major central banks are meeting this week, and virtually no companies of importance have earnings releases scheduled. That means investors may look to the few events on tap this week for direction, and a handful of data releases and ongoing dramas could determine how red-hot equities close out the month. Below, we profile three ETFs that could be active this week:
3 ETFs To Watch This Week
Check Out Our Best Services for Investors
Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.