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Trading Strategy – First Trust NASDAQ Global Auto Index Fund

  One of the noteworthy developments in recent days has been the move in the automotive sector.  The group has been under selling pressure in recent days after China said it was ready to retaliate with tariffs on around $60 billion of U.S. goods, just days after the U.S. administration revealed that Trump had spoken …[read more]

Trading Strategy – First Trust NASDAQ Global Auto ETF

  One of the noteworthy developments in recent days has been the move in car makers.  The group has been under some selling pressure in recent days after Donald Trump withdrew from the Obama-era 2015 nuclear deal reached between Iran and six major powers.  The move sent gas prices higher, hurting auto sales and consumer …[read more]

Trading Strategy – First Trust NASDAQ Global Auto ETF

  One of the noteworthy developments in recent days has been the move in automakers. The groups were under selling pressure after Donald Trump has escalated the threat of a trade war with Europe, warning that the US will slap a tax on cars made on the continent if the European Union (EU) retaliates against …[read more]

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