Dividend ETFs, Defensive ETFs: “Risk-Sort-Of-On” Trade Favors Moderation
As the mainstream media touted the NASDAQ’s best day in 6 months, its Powershares proxy (QQQ) has remained range-bound for the past 10 weeks. Similarly, as CNBC guests heralded earnings successes from chip-giant Intel to industrial conglomerate United Technologies, the S&P 500 SPDR Trust (SPY) had failed to appear on the new “52-Week High” list. The fact that popular [...] [...more]
