As The Market Falls, What Sectors Should You Keep An Eye On?
ETF Trade Watch
The market certainly made a u-turn from the recent rally we had been given, which is not too terribly shocking as market sentiment is still pretty bearish. The market dropped by more than 1% erasing a lot of the gains from the past week or two. We will now look at just how far the market will fall before finding and level of support and look to what ETFs we can find for our next possible trade idea. For now, we need to figure out who is in control, the bears or will the bulls make a comeback? In the short term, at least, it appears the bears have regained control.
Until the market gives us a few more pieces of this puzzle we will hold off on going in depth on any sector ETFs, however, some to watch are the sectors showcased in the video below. Keep them on your radar as this move continues to play out.
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I look forward to trading with you, but until then, as always…
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