What Materials, Copper ETFs are Saying About the Market
March 29, 2012 at 09:20 AM EDT
The S&P 500 is trading above the key 1,400 level and on track for a 12% gain for the first quarter, but ETFs that invest in the basic materials sector and copper are flashing weakness. The $1.8 billion Materials Select Sector SPDR Fund (NYSEArca: XLB) is actually down 2% over the past month,...