TradingMarkets 7 ETFs You Need to Know for Monday
Technology led early while materials stocks remained weak on Friday. Financials also underperformed while energy-related stocks managed a modest rebound in many instances. Plus: More and more professionals are turning toward the corporate bond market, splitting the difference between stocks and cash. Below are two ways ETF traders and investors can get exposure to corporate debt.
Here are 7 ETFs You Need to Know for Monday.
Among the early leaders on Friday were technology stocks, particularly Oracle Corporation
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Dramatically lower on Friday as of midday were stocks from the basic materials sector. Among the hardest hit equities were Weyerhauser Inc.
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High yield bonds were the topic of CNBC’s Fast Money Thursday evening, with a number of panelists suggesting that the Fed’s decision to “chase investors out of cash” was creating risk/reward opportunities in high yield corporate debt. How can ETF traders and investors get a piece of the action? A few places to look include high yield bond exchange-traded funds such as the SPDR Lehman High Yield Bond ETF, JNK
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Up for a fourth consecutive trading day were the Biotechnology HOLDRs, BBH
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