The S&P 500 has pulled back 3 percent from its all-time high, while the bears continue to pound the table and throw around the word "bubble." They have been wrong for years, and once again they will walk away with their tails between their legs.
The recent pullback is nothing more than a normal gyration within a strong bull market.
Three sector ETFs are sitting on support to offer investors attractive reward-to-risk setups:
The iShares U.S. Home Construction ETF (NYSE: ITB), which follows 37 U.S.-based companies that in one way are involved with the construction of residential homes. The top weighted sectors in the ETF are household durables at 70 percent and building materials at 13.4 percent.
The top individual holdings include Lennar Corp (NYSE: LEN) with a 10.8 percent holding, D.R. Horton ...
/www.benzinga.com/etfs/sector-etfs/15/03/5318405/3-important-etfs-sitting-on-support alt=3 Important ETFs Sitting On Support>Full story available on Benzinga.com
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