Encouraging Chart Action in an Internet ETF
August 13, 2014 at 07:30 AM EDT
This has been a volatile year for Internet stocks and exchange traded funds that hold those shares. The First Trust Dow Jones Internet Index Fund (NYSEArca: FDN) is up less than 1% year-to-date and that is after a 19.6% decline from the ETF’s March peak to its May trough. That tumble has been...