Check Out The Sectors In Today’s Spotlight
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ETF Trade Watch
As the week kicks off and we find out whether the bulls or bears are in the driver seat, let’s take a look at some ETFs that would be in play for either scenario.
ProShares UltraPro Short Dow30 (SDOW)
The first ETF in the spotlight today is the ProShares UltraPro Short Dow30 (SDOW), which is an inverse ETF that, should the bears seize back control, would allow a trader to go short the market – particularly the Dow.
This fund tracks the largest of the Dow stocks, if those prices were to decline then the price of the ETF would appreciate, making this a wise play for those who still firmly believe we are in the midst of a bear market.
Vanguard S&P 500 Growth ETF (VOOG)
We also have an ETF for the bulls on watch. This fund is comprised of growth stocks, and some of the largest holdings are from the Tech and Communications Services sectors.
With names like Apple (AAPL), Microsoft (MSFT), and Google (GOOGL) traders can expect this ETF to push higher should those names see some bullish momentum.
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I look forward to trading with you, but until then, as always…
