The SPDR S&P 500 ETF (NYSE: SPY) will start the week from its lofty perch of new all-time highs, which will pressure the bulls to capitalize on Friday’s strength. Nearly every breakout attempt this year has been foiled by a reversion back to the broad trading range that has developed over the last several months.
Nevertheless, several important events this week have the potential to impact trading and investor sentiment. Minutes from the latest FOMC meeting will be released on Wednesday, in addition to home sales data and the April consumer price index later on in the week.
Here are the key ETFs to watch for the week of Monday, May 18:
iShares Silver Trust (NYSE: SLV)
Silver prices have jumped substantially since hitting a ...
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