ETF Outlook for Tuesday, July 22, 2014
After beginning the week lower, stocks were able to rally into the close and ended Monday with modest losses.
The geopolitical concerns continue to be the black cloud hanging over the market, however investors have become numb to unrest around the world. Over the last 15 years the amount of “hot spots” globally has consistently been high. Investors no longer panic as they did before 9/11.
The important factor will be the magnitude of any escalations in the Ukraine or Gaza this week.
iShares Dow Jones U.S. Aerospace & Defense ETF (NYSE: ITA)
Considering what's happening around the world, the winner among sector ETFs yesterday was ...
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