Type to search

Wealthpop News

2 Sectors To Watch If The Bears Take Back Control


ETF Trade Watch

After a day like yesterday, today is a risk off day kind of day as well. The sectors you would expect to see rise to the top should the market decline overall rose to the top in what looks like a flip of our sector lists. Defensive sectors rose to the top with Tech, Discretionary and Energy falling to the bottom.

iShares U.S. Aerospace & Defense ETF (ITA)

With all that’s going on around the world and if the market continues to turn course and head lower, Defense is an area of the market you can look at to outperform areas like Tech and Discretionary. It could be a short lived move and if the market turns around this sector could become a laggard again.

Utilities Select Sector SPDR ETF (XLU)

Another sector to keep an eye on if the market makes a U-turn is the Utilities Sector. Any sector that typically performs well in a bearish market will flip to the top of the performance chart as investors and traders move away from the high risk areas of the market.

If you want to join my students and I as we learn how to look at sector ETFs for our trades then you’ll want to become a member of my Smart Trades options trading service. Not only will you get all my trades, but you’ll also be a part of a growing community of like-minded traders looking to learn and hone their options trading skills.

I look forward to trading with you, but until then, as always…

Good Luck!

Christian Tharp, CMT

Christian Tharp

I am an expert stock market coach having helped over 4000 beginner and advanced traders & investors from around the world take control of their financial futures. I also write stock market related articles for the Adam Mesh Trading Group. My Chartered Market Technician (CMT) designation substantiates me as an expert in areas such as the technical analysis of stock trends, market indicators, cycles, price patterns, Elliot Wave principles, Candlestick charting, analyzing financial trends and behaviors, portfolio strategies, and forecasting future price movements. With my straightforward approach to simple, systematic trading, students learn how to strategically assess buy signals and market entry timing, establishment and management of stop losses, and how to employ a simple and disciplined trading approach that creates profits.

  • 1

Leave a Comment

Your email address will not be published. Required fields are marked *


It's not goodbye, it's hello Magnifi!

You are now leaving a Magnifi Communities' website and are going to a website that is not operated by Magnifi Communities. This website is operated by Magnifi LLC, an SEC registered investment adviser affiliated with Magnifi Communities.

Magnifi Communities does not endorse this website, its sponsor, or any of the policies, activities, products, or services offered on the site. We are not responsible for the content or availability of linked site.

Take Me To Magnifi