Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Defensive Assets Losing their Luster By: ETFdb December 17, 2018 at 07:00 AM EST ETFdb.com is recommending a new short position for the month ahead. This short recommendation is based around rising risks surrounding defensive asset classes in the event of a Santa Rally sweeping over Wall Street in the final stretch of the year. Below, we outline our investment thesis and outlook for the new recommendation. This position is motivated by approaching formidable resistance levels coupled with growing pressures stemming from risk-on securities showing signs of bottoming out after a prolonged rout. If the bears manage to give way to a year-end rally, this short recommendation should prosper alongside a return of risk appetites. The new short recommendation is based around: Materials Equity ETF that is down almost 14% for the year, but up nearly 9% in the trailing month This ETF is comprised of 50 holdings with the top ten accounting for over 60% of total assets; in terms of market cap, this portfolio is dominated by mid-cap sized securities Despite its mixed performance throughout the year, this ETF has attracted inflows of $263M in the past month, and just over $3,000M year-to-date Be sure to click here to review our previous buy pick. Read More >> Related Stocks: Vaneck Gold Miners ETF Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Defensive Assets Losing their Luster By: ETFdb December 17, 2018 at 07:00 AM EST ETFdb.com is recommending a new short position for the month ahead. This short recommendation is based around rising risks surrounding defensive asset classes in the event of a Santa Rally sweeping over Wall Street in the final stretch of the year. Below, we outline our investment thesis and outlook for the new recommendation. This position is motivated by approaching formidable resistance levels coupled with growing pressures stemming from risk-on securities showing signs of bottoming out after a prolonged rout. If the bears manage to give way to a year-end rally, this short recommendation should prosper alongside a return of risk appetites. The new short recommendation is based around: Materials Equity ETF that is down almost 14% for the year, but up nearly 9% in the trailing month This ETF is comprised of 50 holdings with the top ten accounting for over 60% of total assets; in terms of market cap, this portfolio is dominated by mid-cap sized securities Despite its mixed performance throughout the year, this ETF has attracted inflows of $263M in the past month, and just over $3,000M year-to-date Be sure to click here to review our previous buy pick. Read More >> Related Stocks: Vaneck Gold Miners ETF