U.S. stocks dipped into negative territory again today, with the Dow hovering above the 13,000 level as this is being written. Reports of Spain delaying a decision on requesting a bailout fueled speculation and pushed global markets down as well. The Labor Department released the jobless claims from last week earlier today, which remained static at 374,000. Meanwhile the Commerce Department reported the largest gain in 5 months of consumer spending, rising 0.4% in July as household income climbed an additional 0.3%. Additionally, distressed homes sale prices jumped 7% in Q2 as demand outweighed the reduced number of available deals.
The 5 ETFs with the Greatest Real-Time Edge right now are:
- Market Vectors Russia ETF (RSX)
- SPDR S&P Metals & Mining ETF (XME)
- iShares MSCI Brazil Index Fund (EWZ)
- iShares FTSE China 25 Index Fund (FXI)
- WisdomTree Emerging Markets Equity Income Fund (DEM)
To learn about the complete list of Real-Time Edges of all liquid stocks and ETFs, please click here.