ETF Outlook for the Week of July 7, 2014:
The Dow Jones Industrial Average closed above 17,000 for the first time ever last week before heading into the holiday weekend.
The close above the round number may have created a few headlines for investors to discuss over the holiday, however in reality it does not mean much in the way of the charts.
Investors should be prepared for more headlines when the index is able to breakout above the psychological number.
Below are a few ETFs that may be on the move.
SPDR S&P Retail ETF (NYSE: XRT)
The retail stocks had a strong week and closed within one percent of a new all-time high. In a holiday-shortened week the ETF gained 2.4 percent as the overall market pulled ...
More...