Friday 24 July 2015

Amazon Primes Both Tech And Consumer ETFs For Success

Otmane El Rhazi from Investor's Business Daily - ETFs RSS.

Exchange traded funds continued to flounder Friday as earnings from major technology companies disappointed investors and doubts about global growth grew. Amid the gloom this week, Amazon's (AMZN) blowout results buoyed I nternet and consumer discretionary ETFs. The online retail giant stunned the markets by posting a profit and gave upbeat guidance for the current quarter. It may be somewhat simplistic to describe Amazon as just a retailer. It's

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