There is no shortage of anecdotes regarding the fragile state of affairs in global equity markets, but sticking to just the facts, market participants know that the S&P 500 and the Dow Jones Industrial Average each shed more than 5 percent last week while the Nasdaq Composite bled 6.3 percent.
Apple Inc. (NASDAQ: AAPL) proved problematic for all three major U.S. indexes because the iPad maker is the largest component in the S&P 500 and the Nasdaq as well as being a member of the Dow.
As the largest U.S. company by market value, Apple is also the biggest holding in an array of widely followed technology sector exchange traded funds, including the Technology Select Sector SPDR (NYSE: XLK), meaning any and all of those funds merit attention in the week ahead.
If only the market was so sanguine that we could begin and end the list of ETFs that bear watching in the week ahead with Apple-heavy funds, but that is not the current reality investors are facing.
Among the must-watch niche ETFs for the week ...
/www.benzinga.com/general/biotech/15/08/5784965/this-may-get-ugly-etf-investors alt=This May Get Ugly, ETF Investors>Full story available on Benzinga.com
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