Why An Upcoming Pullback Could Whack Financial ETFs
U.S. stocks (S&P 500) have packed on Olympic-sized gains through the initial eight weeks of 2013. Fed policy uncertainty aside, 6%-plus capital appreciation on low volatility is impressive by any measure. The bulk of the run-up is attributable to industries tied to economic growth and enhancement. Sector ETFs that represent financials, industrials, technology and energy have [...] [...more]


