Auto ETF Could be Stuck in Neutral
January 07, 2014 at 12:05 PM EST
The First Trust NASDAQ Global Auto Index Fund (NasdaqGS: CARZ) is up more than 31% over the past year. That surge serves as proof that although U.S. vehicle sales have not rebounded to all-time highs, auto sales are recovering inline with the broader economy. CARZ is slightly over the past month...