After a Slide, Media ETF Looks to Turn Into a Bounce
August 10, 2015 at 08:20 AM EDT
For a good part of this year, the PowerShares Dynamic Media Portfolio (NYSEArca: PBS) enjoyed the consumer discretionary sector’s surge, riding its way to one of the better performances among non-biotech industry funds. Then last week arrived, bringing with it an almost 5% decline for PBS....